Wildcat Petroleum Forges Major Deal in South Sudan

Wildcat Petroleum Plc (GB:WCAT) has released an update.

Wildcat Petroleum PLC has successfully secured a four-year Memorandum of Understanding (MOU) with South Sudan’s Ministry of Petroleum to develop proven oil assets, following a series of productive meetings and obtaining in-country approval with preferential status. The company, which is listed on the London Stock Exchange and focuses on the later stages of oil and gas exploration and production, continues to advance its presence in the upstream sector of the petroleum industry.

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