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Highlights · Raising up to £2million via £1.5million Placing and £500,000 Broker Option primarily to fund multiple work programmes focused on: o Evaluating late-stage appraisal/development projects that would rebalance existing portfolio of production and exploration assets o Improving recovery from existing onshore UK fields including potential workovers on WF2 and WF9 wells at the West Firsby field o Continuing technical analysis and seismic reprocessing on the Inezgane Licence in Morocco in preparation for farm-out · Turner Pope Investments to be appointed joint broker and granted Broker Option to provide the opportunity for shareholders to participate in the Placing at the Placing Price ....