Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Lansdowne Oil & Gas ( (GB:LOGP) ) has provided an update.
Lansdowne Oil & Gas has had its Request for Arbitration formally registered by the International Centre for Settlement of Investment Disputes in its Energy Charter Treaty claim against Ireland over the Barryroe oil and gas field. The company is pursuing at least $100 million plus interest, and says Ireland’s recently notified withdrawal from the treaty will not affect its case due to the ECT’s 20-year sunset clause, clearing the way for the appointment of an arbitration tribunal.
The company also highlighted plans to resume trading on London’s AIM market on 27 May 2026, subject to shareholder approval at a general meeting the day before. This follows the completion of a reverse takeover deal to acquire Brazilian graphite explorer Sao Gabriel Mining alongside a £1.9 million capital raise, marking a strategic shift away from its previous Barryroe-focused portfolio and potentially reopening market access for shareholders.
More about Lansdowne Oil & Gas
Lansdowne Oil & Gas plc is an oil and gas exploration and appraisal company formerly focused on Ireland’s North Celtic Sea, where it held a 20% interest in the Barryroe oil and gas field. The AIM-quoted firm has since been designated a cash shell and is now pivoting into resources via a reverse takeover of Sao Gabriel Mining, which owns graphite assets in Brazil, subject to shareholder approval.
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.39M
For a thorough assessment of LOGP stock, go to TipRanks’ Stock Analysis page.