What we do
Longboat Energy plc has been established with the aim of building a significant North Sea-focused E&P business.
The Company is focussed on growth through value accretive M&A transactions and creating significant value with the drill-bit, both through infill drilling in existing fields and through near field exploration drilling while retaining excellent HSEQ and ESG performance.
The Company has been established by the ex-Management Team of Faroe Petroleum and will apply a similar business model, aiming to replicate Faroe’s outstanding HSEQ and operational track record and deliver significant production and reserves growth.
Building a significant North Sea-focused E&P business
Exploration
The Longboat management team has a proven track record of delivering value to shareholders through exploration success, accretive acquisitions and farm-ins, and a demonstrated ability to monetise discoveries through sales and asset swaps.
M&A Transactions
Longboat pursues acquisition opportunities by utilising its substantial industry network in the North Sea oil and gas industry to identify attractive bilateral opportunities.
ESG
Longboat is committed to delivering energy responsibly and has undertaken to be ‘Net Zero’ on a Scope 1 and 2 basis by 2050.
HSEQ
We are committed to ensuring the health and safety of all who work with us and protecting the environment in which we work.
News
Recent News
Results of 2022 Annual General Meeting
Longboat Energy plc held its Annual General Meeting (“AGM”) at 11.00am on Thursday 23 June 2022. All resolutions presented at the AGM were put to the meeting on a poll and were passed with the requisite majority. The full results are detailed below.