Seascape Energy’s objective is to build a full-cycle E&P company focused on growth through value additive M&A transactions and with the drill-bit through exploration drilling while retaining excellent HSEQ and ESG performance.

The Company is focussed on growth through value accretive M&A transactions and creating significant value with the drill-bit, both through infill drilling in existing fields and through near field exploration drilling while retaining excellent HSEQ and ESG performance. The Company has been established by the ex-Management Team of Faroe Petroleum and will apply a similar business model, aiming to replicate Faroe’s outstanding HSEQ and operational track record and deliver significant production and reserves growth.

• May 2023 Letter – Notice of Annual General Meeting
  May 2023 Notice of Annual General Meeting
• September 2021 Supplemental Admission Document
• June 2021 Admission Document
• November 2019 Admission Document

Please click here for details of the Company’s Nominated Adviser and other key advisers.

The Board comprises the Executive Chairman, the Chief Executive Officer, one non-executive director, and one independent non-executive director. The Board is responsible to the shareholders for the proper management of the Group and meets regularly to: review trading performance, set and monitor strategy, examine acquisition and divestment possibilities; approve: major capital expenditure projects and corporate overhead costs, significant financing matters; and report to shareholders. The Board has established four Committees: Audit Committee, Disclosure Committee, Nomination Committee and Remuneration Committee.

The Audit Committee is comprised of Geraldine Murphy (Chair of the Committee) and Graham Stewart. The Audit Committee reviews the Company’s accounting policies, financial reporting, internal control, compliance and risk management and maintains an objective and professional relationship with the auditors.

Longboat Audit Committee Terms of Reference

The disclosure committee is responsible for ensuring that the Company makes timely and accurate disclosure of all information that is required to be disclosed to meet its disclosure obligations under the AIM Rules. The disclosure committee comprises the Executive Directors and Company Secretary and meets as required.

The Nominations Committee is comprised of Graham Stewart (Chairman of the Committee), and Geraldine Murphy. The Nominations Committee is responsible for considering and providing advice concerning appointments or reappointments to the Board. Please click below for the terms of reference.

Longboat Nomination Committee Terms of Reference

The Remuneration Committee is comprised of Graham Stewart  (Chairman of the Committee) and Geraldine Murphy. The Committee assists the Board in determining the remuneration arrangements and contracts for the executive directors and senior employees.

Longboat Remuneration Committee Terms of Reference

Please click on the link below to access notifications made by the Company in the past 12 months.

Regulatory News

The Company complies with the QCA Corporate Governance Code. This information is reviewed annually, the last being on 30 November 2023.

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The Company’s constitutional documents are represented by its Articles of Association.

Please click on the link below for access to the Company’s annual and interim reports.

Financial Reports

The primary country of operation is Malaysia

Please click on the link below for details of the number of securities in issue, the number of securities held as treasury shares and, insofar as the Company is aware, the percentage of securities that is not in public hands together with the identity and percentage holdings of significant shareholders.

Major Shareholders