Afentra PLC is experiencing strong growth and acquisitions

Afentra (GB: AET) has released an update.

Afentra PLC announced significant growth in fiscal year 2023, characterized by successful acquisitions in Angola, an increase in its non-operated interests in two key oil blocks and a solid year-end financial position with significant increases in cash flow and production. The company also completed a significant post-year transaction, securing further interests in Angola, and in early 2024 sold a significant crude oil cargo, strengthening its growth trajectory and operational focus on the African energy sector.

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