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AIM:WTE OTCQB:WMELF

Westmount Energy Limited

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Market:
AIM
Price
1.50 GBX
Day Change
-
Market Cap:
£2.16 m
52 weeks high
2.70
52 weeks low
1.34

In brief

Westmount Energy Limited is focused on investing in the prolific Guyana-Suriname Basin, which is considered to be a major emerging hydrocarbon province.

Between May 2015 and May 2020 the basin has delivered 20 significant discoveries with 18 of these discoveries, and reported discovered recoverable resources in excess of 8 billion oil-equivalent barrels, attributable to the ExxonMobil operated, Stabroek Block, offshore Guyana.

Westmount has invested in 4 companies which have participating interests in 3 blocks (Canje, Kaieteur and Orinduik Blocks) immediately adjacent to the Stabroek Block.