Afentra plc 2022 Half Year Results – Oil & Gas

Afentra announced its H1 2022 results featuring transformational Angola acquisitions in Blocks 3/05, 3/05A and 23, with combined firm consideration of $92.5 million and contingent payments up to $71 million. The company secured RBL and working capital facilities with Trafigura totaling $105 million, positioned as a debt-free upstream oil and gas operator focused on African mature production and development assets.