Business
Half-year Report (July 1 2023 - Dec 31 2023
Half-year Report (July 1 2023 - Dec 31 2023.
About this update from Wildcat Gold Plc
[{"type":"text","content":"\n\n 14 March 2024\nWILDCAT Petroleum Plc\n(\"Wildcat\" or the \"Company\")\nInterim Results for the period from 1 July 2023 to 31 December 2023\nWildcat Petroleum Plc (\"WCAT\" or \"the Company\") a company targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry announces its interim results for the period from 1 July 2023 to 31 December 2023. \n \nResults for the period\nFor the period 1 July 2023 to 31 December 2023, the results include the on-going running costs in connection with being a listed company.\nOn 4 September 2023, the Company announced the setting up of an office in Juba, South Sudan as a temporary base of operations in order to facilitate Wildcat's cross border access to the oil fields in the Republic of Sudan.\nOn 18 September 2023, the company gave an update to the market regarding its plans in Sudan. Namely that: Due to the political situation in Sudan, the Company was unable to sign a Production Sharing Agreement (PSA) with the Sudanese government (OEPA) but intends instead to sign a Service Agreement (SA) with the Sudanese government with a view to increasing oil production on the Bamboo oil field.\nOn 16 October 2023, the Company reported the raising of £ 450,000 (£393,750 net after expenses) by the placing of 375,000,000 new ordinary shares at 0.12 pence per share, with admission of the shares on 30 October 2023, bringing the total number of Wildcat shares to 2,803,040,000.\nOn 25 October 2023, the Company announced its Results for the period 1 July 2022 to 30 June 2023; with the Notice of AGM called in an announcement on 16 November 2023.\nOn 22 November 2...