TXO Plc

TXO is an investing company with a new strategy of acquiring interests in both listed and unlisted companies and/or assets within the hydrocarbon resource sector, with a focus on North and South America. The focus will be on oil and gas projects which are either established resources with the potentialto be increased through additional exploration; and/or be brought into production.

With this in mind, TXO's convertible loans to Empire Energy provide the Company with exposure to Empire's Bellevue and Thunderbolt prospects, and TXO also now holds an equity position in Grand Bahamas Group, who are looking to develop an oil processing facility.