Alongside its FY25 results, Afentra has announced that it has concluded its strategic review process. The strengthened oil prices (and corresponding strong balance sheet), together with a refinancing which has lowered the company’s cost of capital, and an innovative financing arrangement with Sonangol for appraisal drilling have – perhaps unsurprisingly – led the company to consider the best path for shareholders will be to remain as an independent company. While this may come as a disappointmen ....
