Over 500,000 acres in the UK Continental Shelf. Anchored by the drill-ready 875 Bcfe Dabinett Prospect to provide domestic baseload natural gas to bridge UK energy security.

The UK faces acute domestic supply depletion, relying on volatile imported LNG and Norwegian pipeline capacity.
The UK relies on international imports for the majority of its domestic heating and power gas, exposing the economy to international price spikes and supply interruptions.
While our base financial model assumes a conservative $10/Mcf, prevailing European and UK gas prices exceed $20/Mcf, escalating Dabinett project NPV10% (After-Tax) to $2.3 Billion.
License agreements require drilling commencement by November 2028. Seed round proceeds fund 2027 well design and long-lead casing procurement ahead of spud execution.
Large, well-defined four-way dip closed Rotliegend sandstone reservoir in the Southern North Sea. Close proximity to existing offshore gathering systems with direct tie-in to the Teeside Plant onshore grid.
Two extensive satellite structures defined by 2D seismic interpretation. Early geomechanical and stratigraphic indications demonstrate multi-Tcf natural gas resource upside across our 500,000+ acre footprint.