Wildcat Petroleum plc (LON:WCAT) has announced its quarterly review for Jan – March 2024.
SUDAN
It has been a frustrating quarter in regard to the Bamboo field deal. We are still awaiting approval for the work program we submitted to the ministry. The last official up-date from the ministry was in February 2024 when the Company was informed that the paperwork was with their lawyers.
SOUTH SUDAN
During the last quarter the Company passed a due diligence process conducted by the South Sudanese Ministry of Petroleum (MOP). The Company has been invited by the South Sudanese Ministry of Petroleum to visit them in Juba in order to discuss current oil production opportunities in the country. The Company is planning to arrange a meeting in mid-April once Ramadan is over.
We look forward to further developments.
Mandhir Singh
Chairman, Wildcat Petroleum