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The latest update is out from Longboat Energy Plc ( (GB:SEA) ).
Seascape Energy Asia Plc announced its unaudited interim results for the first half of 2025, highlighting significant operational and financial achievements. The company completed a farm-out agreement with INPEX Corporation and was awarded the Temaris Cluster PSC as an operator. Seascape reported an increase in cash reserves and a reduction in administrative costs. The company remains focused on maximizing value from its existing portfolio while exploring growth opportunities in Malaysia and the wider region. The publication of a Competent Persons Report confirmed substantial contingent and prospective resources, reinforcing Seascape’s strategic positioning in the Southeast Asian energy market.
More about Longboat Energy Plc
Seascape Energy Asia Plc is an exploration and production (E&P) company focused on Southeast Asia, particularly in Malaysia. The company specializes in developing gas assets, leveraging its technical expertise and regional relationships to build a high-quality portfolio of gas-weighted development assets. Seascape aims to meet the growing energy demands of Southeast Asia, a region experiencing significant economic growth and increasing energy consumption.
Average Trading Volume: 248,957
Technical Sentiment Signal: Buy
Current Market Cap: £50.5M
For a thorough assessment of SEA stock, go to TipRanks’ Stock Analysis page.