Afentra plc

Afentra plc is a United Kingdom-based upstream oil and gas company focused on acquiring, appraising, developing, and producing mature assets primarily in Africa, with a core portfolio in Angola. The company targets production assets, near-field developments, and exploration opportunities in proven hydrocarbon basins, including a 30% non-operated interest in the producing Block 3/05, 21.33% in the adjacent Block 3/05A containing undeveloped discoveries, and 40% in exploration Block 23, all offshore Angola in the Lower Congo and Kwanza Basins. It also holds interests in onshore Block KON 19 in Angola and the Odewayne Block in Somaliland. Afentra plc's purpose is to responsibly support a just African energy transition by optimizing legacy assets divested by international oil companies and national oil companies, unlocking upside potential through efficient operations, innovation, and reduced emissions while promoting socio-economic development and stakeholder value. Founded in 1983 and rebranded in 2021, the company is led by an experienced executive team including CEO Paul McDade, CFO Anastasia Deulina, and COO Ian Cloke, emphasizing sustainable growth, governance, and partnerships in Africa's energy sector.