REG - Afentra PLC - 2025 HALF YEAR RESULTS
Afentra PLC announced its half-year results for H1 2025, highlighting a net average production of 6,348 bopd and revenue of $52.0 million from crude oil sales. The company signed a Heads of Terms for Block 3/24, marking its first offshore operatorship with a 40% interest. Financially, net debt stands at $15.5 million, with cash resources of $21.6 million. Operationally, Afentra is on track with a multi-year redevelopment plan and has completed several well interventions. Near-term catalysts include upcoming crude cargo liftings and expected completions of key transactions in Q4 2025.
London Stock Exchange·
