What does Afentra plc do?

Afentra plc is a London-listed upstream oil and gas company focused on acquiring and developing mature assets, primarily in Africa, with a strong emphasis on Angola. Founded in its current form in 2021, the company operates with a strategy centered on value-accretive mergers and acquisitions in proven hydrocarbon basins. Afentra is committed to responsible stewardship and sustainability, aiming for a just energy transition in Africa by optimizing underinvested assets and supporting socio-economic development. The company holds interests in several key assets, including offshore and onshore blocks in Angola, such as Block 3/05 and Block 3/05A, as well as exploration projects in Somaliland. Afentra's leadership team includes CEO Paul McDade and CFO Anastasia Deulina, among others. The company is focused on long-term growth and shareholder returns by redeveloping legacy assets through innovative and efficient practices.