Leni Gas and Oil plc’s strategy is focused on enhancing the value of existing oil and gas producing assets, where it can maximise equity position, operator influence, exploitation potential, and fiscal stability. It operates a low risk portfolio of stable production assets with significant upside using similar operating approaches to leverage technologies and proven secondary recovery techniques.
Since its incorporation in 9 August 2006, the Company has been fulfilling this strategy and investing in acreage in a number of the prime oil producing regions of the world. LGO has secured exploration areas in the US Gulf of Mexico, Spain, Trinidad, and Malta. All geographical regions in which the Company has invested an interest have proven track records in the production of hydrocarbons and represent a great opportunity to further develop and maximize shareholder value.