Lansdowne Oil & Gas (GB:LOGP) has released an update.
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Lansdowne Oil & Gas plc, an oil and gas company listed on AIM, has seen its shares suspended since March 21, 2024, amid ongoing reviews for asset acquisitions and a reverse takeover. The company is actively pursuing an Energy Charter Treaty claim against Ireland for the Barryroe field and has taken measures to reduce its overhead costs while securing an extension for a loan from LC Capital Master Fund. Additional funding will be sought for the second half of 2024 to support these endeavors and potential new ventures.
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