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The latest update is out from Lansdowne Oil & Gas ( (GB:LOGP) ).
Lansdowne Oil & Gas announced its audited results for 2024, highlighting efforts to progress a Reverse Take Over to seek re-admission to AIM after its shares were suspended in March 2024. The company is also working on securing third-party litigation funding for its Barryroe ECT claim, with an outcome expected in the third quarter of 2025. Financially, Lansdowne reported a reduced loss of £0.3 million for 2024, down from £16.3 million in 2023, and has been actively managing its financial obligations, including extending loan repayment terms and issuing new shares to raise capital.
More about Lansdowne Oil & Gas
Lansdowne Oil & Gas is an oil and gas exploration and appraisal company focused on the North Celtic Sea, headquartered in Dublin, and listed on the AIM market. The company has been involved in legal actions under the Energy Charter Treaty following the refusal of a Lease Undertaking for the Barryroe Field, where it held a 20% interest.
Technical Sentiment Signal: Sell
Current Market Cap: £1.39M
See more data about LOGP stock on TipRanks’ Stock Analysis page.