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An announcement from Lansdowne Oil & Gas ( (GB:LOGP) ) is now available.
Lansdowne Oil & Gas has entered into additional Convertible Loan Agreements totaling GBP 100,000 to provide working capital as it continues discussions for its Energy Charter Treaty claim against Ireland and progresses towards a potential reverse takeover. The company’s shares remain suspended on AIM pending the completion of the reverse takeover, which is expected in the third quarter of 2025, and the funds will support ongoing operations and strategic initiatives.
More about Lansdowne Oil & Gas
Lansdowne Oil & Gas is an oil and gas exploration and appraisal company headquartered in Dublin, focusing on the North Celtic Sea. The company is quoted on the AIM market and has been involved in legal action under the Energy Charter Treaty following a refusal of a Lease Undertaking for the Barryroe Field by the Irish Department of the Environment, Climate and Communications.
Technical Sentiment Signal: Sell
Current Market Cap: £1.39M
Find detailed analytics on LOGP stock on TipRanks’ Stock Analysis page.