Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project in the onshore Odewayne Block onshore covering approximately 22,840 square kilometers located in Somaliland. The company holds a 30% non-operated interest in the producing Block 3/05 in Offshore Angola and a 21.33% non-operated interest in the adjacent development Block 3/05A in the Lower Congo Basin and a 40% non-operating interest in the exploration Block 23 in the Kwanza Basin. Further, it holds 45% non-operated interest in the prospective Block KON19 and KON15 located in the western part of the Onshore Kwanza Basin. Afentra plc was formerly known as Sterling Energy plc and changed its name to Afentra plc in May 2021. The company was incorporated in 1983 and is based in London, the United Kingdom.
U.K. Market Performance
7D7 Days: 1.6%
3M3 Months: 7.6%
1Y1 Year: 7.9%
YTDYear to Date: 8.1%
The market has climbed 1.6% in the last 7 days, lead by the Materials sector with a gain of 5.8%. The market is up 7.9% over the last 12 months. As for the next few years, earnings are expected to grow by 14% per annum. Market details ›
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