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Recommendation Rating
1
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5
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Analysts’ Price Targets
Mean 0.49
Low: 0.47
High: 0.51
Total Analysts: 2
Company Profile
Afentra plc is a United Kingdom-based upstream oil and gas company. The Company is engaged in the exploration, development and production of commercial oil and gas. It operates in the Africa segment. The principal activity of the Company is engaged in identifying and progressing acquisition targets in line with the stated strategy and the exploration of oil and gas, with Africa as the geographic focus. The Company’s assets include Block 3/05, Block 3/05A, Block 23 and Odewayne Block. Block 3/05 is located in the Lower Congo Basin and consists of eight mature producing fields. Block 3/05A is located adjacent to Block 3/05, contains the undeveloped discoveries Punja, Caco and Gazela, with an estimated in place resource of 0.3 billion barrels. Block 23 is an approximately 5,000 square kilometers (km2) exploration and appraisal block located in the Kwanza basin at water depths from 600 to 1,600 meters. Odewayne Block covers approximately 22,840 km2, which is located in Somaliland.
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