Wildcat Petroleum Reports Interim Results and Strategic Developments in South Sudan

Wildcat Petroleum Plc ( (GB:WCAT) ) just unveiled an update.

Wildcat Petroleum Plc announced its interim results for the period from 1 July 2024 to 31 December 2024, highlighting ongoing efforts in South Sudan to secure oil assets and a collaboration agreement with the Strategic Fuel Fund Association of South Africa. The company raised £156,000 through a share placement and continues to engage in discussions with Nilepet despite the expiration of a Memorandum of Understanding. Wildcat’s strategic focus remains on expanding its presence in the African oil sector, with a commitment to responsible development and achieving net zero emissions by mid-century.

More about Wildcat Petroleum Plc

Wildcat Petroleum Plc is a company focused on investment opportunities within the upstream sector of the petroleum industry, particularly in exploration, appraisal, development, and production of oil and gas. The company aims to create long-term value for shareholders by targeting acquisitions and investments that are profitable or potentially profitable within one to two years, require low capital expenditure, and have significant upside potential.

YTD Price Performance: -38.67%

Average Trading Volume: 7,672,854

Technical Sentiment Signal: Buy

Current Market Cap: £2.71M

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