Pakistani Commercial Services Energy Small-Caps

Seascape Energy Asia

Market Cap: UK£68.9m

A full-cycle E&P company, is involved in acquiring oil and gas assets in Malaysia.

Zephyr Energy

Market Cap: UK£64.1m

Engages in the exploration, development, and production of oil and gas resources in the United States.

Upland Resources

Market Cap: UK£56.5m

Engages in the exploration and development of oil and gas assets in Southeast Asia.

GCM Resources

Market Cap: UK£47.5m

A mining and energy company, operates as a resource exploration and development company in the United States.

Caspian Sunrise

Market Cap: UK£44.8m

Engages in the exploration and production of crude oil.

Star Energy Group

Market Cap: UK£41.4m

Engages in the exploration, development, processing, and production of oil and gas in the United Kingdom.

Enwell Energy

Market Cap: UK£39.3m

Engages in the exploration, development, and production of oil and gas properties in Ukraine.

Helium One Global

Market Cap: UK£38.6m

Engages in the exploration and production of helium gas.

Jersey Oil and Gas

Market Cap: UK£35.9m

Engages in the exploration, appraisal, development, and production of oil and gas properties in the North Sea of the United Kingdom.

Zenith Energy

Market Cap: UK£34.4m

Engages in the exploration, development, and production of oil and natural gas assets in Tunisia, Italy, the United States, and internationally.

Predator Oil & Gas Holdings

Market Cap: UK£28.4m

Engages in the exploration, appraisal, and development of oil and gas assets in Morrocco, Ireland, and Trinidad and Tobago.

Prospex Energy

Market Cap: UK£28.2m

Operates as an oil and gas investment company.

Parkmead Group

Market Cap: UK£24.6m

An independent oil and gas company, engages in the exploration and production of oil and gas properties in Europe.

Europa Oil & Gas (Holdings)

Market Cap: UK£24.3m

Engages in the exploration, appraisal, development, and production of oil and gas properties in the United Kingdom, Equatorial Guinea, and Ireland.

Neo Energy Metals

Market Cap: UK£22.9m

Operates as a mining and exploration company in South Africa.

Quadrise

Market Cap: UK£22.2m

Manufactures and markets emulsion fuels for use in power generation, industrial, marine diesel engines, and steam generation applications in the United Kingdom.

Apertura Energy

Market Cap: UK£21.4m

Focuses on the energy sector in Venezuela.

Tekmar Group

Market Cap: UK£19.9m

Designs, manufactures, and supplies subsea stability and protection technology to offshore energy markets.

EnergyPathways

Market Cap: UK£18.8m

An integrated energy transition company, focuses on lower emission energy solutions in the United Kingdom.

Angus Energy

Market Cap: UK£15.2m

An independent UK onshore oil and gas development, production, and operations company, engages in the oil and gas extraction for distribution to third parties in the United Kingdom.

Orcadian Energy

Market Cap: UK£14.3m

Engages in the exploration, appraisal, and development of oil and gas in the United Kingdom.

Chesterfield Special Cylinders Holdings

Market Cap: UK£13.9m

Through its subsidiaries, design, manufactures, and reconditions high pressure gas cylinders United Kingdom, Canada, Germany, Australia, France, Spain, the United States of America, Norway, Italy, Europe, and internationally.

Block Energy

Market Cap: UK£13.0m

An independent energy company, explores, develops, and produces oil and gas in the Republic of Georgia.

United Oil & Gas

Market Cap: UK£11.6m

Engages in the exploration, development, and production of oil and gas in the United Kingdom, rest of Europe and greater Mediterranean, and Latin America.

Sunda Energy

Market Cap: UK£11.0m

Operates as an independent energy operating company.

Cadogan Energy Solutions

Market Cap: UK£10.0m

Operates as an energy company in Ukraine.

Quantum Helium

Market Cap: UK£9.7m

Engages in the exploration, development, and production of oil and gas properties in Australia and the United States.

Pennpetro Energy

Market Cap: UK£9.6m

Engages in onshore oil and gas exploration and production in the United States.

Cloudbreak Discovery

Market Cap: UK£9.4m

Engages in the acquisition of natural resource project and royalty generation worldwide.

Reabold Resources

Market Cap: UK£9.3m

An investment holding company, engages in the exploration, appraisal, development, and evaluation of oil and gas projects in the United Kingdom, Romania, the United States, and Italy.

Tower Resources

Market Cap: UK£6.8m

Engages in oil and gas exploration business in Africa.

Plexus Holdings

Market Cap: UK£6.5m

Engages in the provision of wellhead equipment, related equipment, and services in the United Kingdom, the United States, Europe, and internationally.

Oracle Power

Market Cap: UK£5.8m

Engages in the exploration and development of coal in Pakistan.

Active Energy Group

Market Cap: UK£5.6m

Does not have significant operations.

Geo Exploration

Market Cap: UK£5.6m

Explores for oil and gas exploration and development in Africa and Australia.

Getech Group

Market Cap: UK£4.7m

Provides subsurface and geospatial insight for the natural resources sector in United Kingdom, the United States, rest of Europe, Malaysia, Kazakhstan, Australia, rest of Asia, rest of Americas, and Africa.