Longboat Energy Plc (GB:SEA) has released an update.
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Seascape Energy Asia PLC has successfully raised £2 million through a fundraising initiative, following a strategic shift to focus on Southeast Asia’s lucrative energy sector. This capital infusion will support the company’s ongoing projects, including the farm-out of Block 2A and the DEWA gas fields, positioning Seascape for robust growth in the region. With a significant share price increase since June 2024, the company aims to leverage new opportunities while maintaining financial stability.
For further insights into GB:SEA stock, check out TipRanks’ Stock Analysis page.
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