RE: Buy out27 Sep 2022 15:42
investor81
thanks for your post,
Recent restructuring reduced debt and liabilities.
Last placing at 0.10p.
Cash balance of $8.4m and debts and liabilities of $2.5m, post restructuring.
Current production c400bopd.
Uruguay potential. Shell awarded OFF-2 (Next to CEG block). ('Of the new blocks awarded, only the OFF-2 block received competing bids from Shell and APA Corporation.').