The political unrest in Sudan, which began in April 2023, derailed the Company for a couple of months but now the Company is back on track.
The Company has always been guided by the objectives to being:
- A producing oil Company
- Profitable
- Dividend paying
- Debt free
- Reserves/resources in the billions of barrels
These objectives still hold and hopefully will be achieved as the Company strives to establish Sudanese oil production in 2024.
Wildcat Petroleum plc (LON:WCAT) was incorporated in early 2020, with plans to work and invest in the upstream sector of the petroleum industry – namely exploration, appraisal, development and production of oil and gas.