MUSTANG ENERGY PLC
Mustang Energy PLC is a Special Purpose Acquisition Company (SPAC), whose shares are listed on the Standard List of the Main Market of the London Stock Exchange, which intends to utilise its strong management experience and relationships to acquire interests in low-cost and low-risk development projects that possess significant undeveloped upside with access to existing infrastructure.
* Initial focus will be acquiring projects that are capable of generating positive cash flow within 12 months of acquisition
* Acquiring working interests in low-risk, proven oil and gas properties
* Initial focus is on on-shore projects
* No intention to operate projects to maintain low overheads and strong bottom line
* Focus on bypassed pay and redevelopment projects with exploration upside
* Utilising management’s extensive industry network to provide deal-flow for new opportunities