Afentra PLC Reports Strong Growth and Acquisitions

Afentra (GB:AET) has released an update.

Afentra PLC has announced substantial growth for the FY2023, marked by successful acquisitions in Angola, increasing their non-operated interest in two key oil blocks, and a robust end-of-year financial position with significant cashflow generation and production increases. The company has also completed a significant transaction post-year-end, securing further interests in Angola, and sold a sizable crude oil cargo in early 2024, reinforcing its growth trajectory and operational focus in the African energy sector.

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