Longboat Energy PLC Investor Presentation
September 26 2022 - 4:30AM
RNS Non-Regulatory
TIDMLBE
Longboat Energy PLC
26 September 2022
26 September 2022
Longboat Energy plc
("Longboat Energy", "Longboat" or the "Company")
Investor Presentation
Lon gboat Energy, the emerging full-cycle E&P company, is
pleased to announce that it will be presenting an updated corporate
presentation to shareholders via the Investor Meet Company
platform.
The online presentation will be made at 15:00 BST Wednesday 28
September 2022 and is open to all existing and potential
shareholders. If you wish to attend the online presentation you
should register for the event in advance via this link:
https://www.investormeetcompany.com/longboat-energy-plc/register-investor
Shareholders registered to attend are invited to pre-submit
questions online via the Investor Meet Company dashboard up until
9.00am BST on Wednesday 28 September 2022 or at any time during the
live presentation. A recording will be made available on the
Investor Meet Company platform after the presentation.
The information contained within this announcement is not
considered to be inside information prior to its release.
ENDS
Enquiries:
Longboat Energy
Helge Hammer, Chief Executive Officer via FTI
Jon Cooper, Chief Financial Officer
Nick Ingrassia, Corporate Development
Director
FTI Consulting (PR adviser)
Ben Brewerton Tel: +44 20 3727 1000
Rosie Corbett longboatenergy@fticonsulting.com
Background
Longboat Energy was established at the end of 2019 to create a
full-cycle North Sea E&P company through value accretive
M&A and near-field exploration. Since June 2021, Longboat has
entered a series of four transactions to acquire interests in a
portfolio of nine, gas-weighted exploration wells drilling on the
Norwegian Continental Shelf close to existing infrastructure. To
date, eight of these wells have been drilled resulting in four
discoveries (Egyptian Vulture, Rødhette, Kveikje and Oswig),
representing a 50% success rate.
Longboat has targeted exploration prospects located in close
proximity to existing infrastructure, with an overlap between
exploration partners and infrastructure owners, providing a
portfolio with a clear low-cost route to monetisation and
low-carbon drilling and development opportunities, well aligned to
Longboat's ESG targets which includes a corporate 'Net Zero' on a
Scope 1 and 2 basis by 2050.
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END
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