Business
Results for period to 30 June 2021 & Notice of AGM
Results for period to 30 June 2021 & Notice of AGM.
About this update from Wildcat Gold Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7534U\n Wildcat Petroleum PLC\n 07 December 2021\n \n \n \n \n \n \n \n 07 December 2021\n \n \n Wildcat Petroleum Plc\n \n \n (\"Wildcat\" or the \"Company\")\n \n \n Results for the period ended 30 June 2021 and Notice of AGM\n \n \n Wildcat Petroleum plc (LSE: WCAT), which is targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry and exploring the implementation of blockchain technology within the sector, is pleased to announce its results for the period ended 30 June 2021.\n \n \n The Company's shares began trading on the standard list on the London Stock Exchange on the 30 December 2020 after raising £600,000 in a successful IPO. Since then, the Company has been active in moving towards the execution of the Company's objectives as outlined in the Company's IPO Prospectus (this can be found on the Company's website \n \n \n www.wildcatpetroleum.co.uk\n \n \n \n \n \n - in the Information section. The prime objective being to work and invest in the upstream sector of the petroleum industry - namely exploration, appraisal, development and production of oil and gas. It has also identified opportunities to use Blockchain in its business and (as reiterated in its RNS statement of 23/9/21) will pursue that further once an oil and gas asset has been acquired.\n \n \n \n \n \n The Company's determination in identifying a prospective asset(s) in the petroleum sector is not limited to a specific geographic region and covers exploration through to production. However, it is the Company's preference that the asset is generating cash flow or has the capability of generating cash flow within 12-18 months of the acquisition. Opportunities have been identified in a number of African countries including Angola and Namibia (as detailed in our RNS release of 30/6/21)\n \n \n \n \n \n During 2021 the effects of the COVID-19 virus travel restrictions greatly hampered the Company's ability to source a suitable asset. However with the vaccine roll-out and subsequent lifting of travel restrictions the Directors of the Company will be more able to source a suitable asset.\n \n \n \n \n \n The Directors collectively have an interest of ...