(via NewsDirect)
Hammer gives a quick overview of the business and its strategic direction, highlighting a recent deal with Japan Petroleum Exploration Co., Ltd ("JAPEX") to establish a joint venture in
Turning to the Velocette well, which is Longboat's ninth, Hammer is optimistic that the well may make it into production during the next three-to-five years. Asked what type of investor is likely to find Longboat Energy attractive, Hammer says the company "should be interesting for investors who believe in oil and gas still playing a role...we are very focused on having a strong ESG profile so we would also look to be a good player in countries like
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