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Longboat Energy Plc ( (GB:SEA) ) has shared an update.
Seascape Energy Asia plc announced the results of a Competent Person’s Report (CPR) that validates and upgrades its resource estimates in the Temaris Cluster and DEWA Complex. The report highlights significant exploration potential in the Temaris block, which could transform it into a major gas hub in Peninsular Malaysia. The CPR confirms the high-quality nature of Seascape’s Malaysian portfolio, providing investors with exposure to substantial exploration upside and hard value. The company plans to continue its momentum by advancing the Temaris project and seeking a long-term partner, while also exploring growth opportunities in Malaysia and Southeast Asia.
More about Longboat Energy Plc
Seascape Energy Asia plc is an exploration and production company focused on Southeast Asia, particularly in Malaysia. The company has developed a gas-dominant portfolio and leverages its competitive advantages in the region to create significant value.
Average Trading Volume: 346,051
Technical Sentiment Signal: Buy
Current Market Cap: £43.54M
For a thorough assessment of SEA stock, go to TipRanks’ Stock Analysis page.