Wildcat Petroleum Plc (GB:WCAT) has released an update.
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Wildcat Petroleum Plc has made significant advancements in South Sudan by securing an oil asset for development under a Production Sharing Service Agreement, following a collaboration agreement with the Ministry of Petroleum. This milestone, reported by Chairman Mandhir Singh, reflects the company’s progress since the agreement’s announcement on May 7, 2024. Representatives from Wildcat Petroleum and the Ministry met to kick off the Asset Allocation Committee’s inaugural meeting.
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