Seascape Energy Asia Plc (LSE:SEA) released its unaudited interim results for the first half of 2025, reporting strong progress on both financial and operational fronts. The company finalized a farm-out deal with INPEX Corporation and secured operatorship of the Temaris Cluster PSC, strengthening its position in Southeast Asia’s upstream energy sector. Cash balances improved during the period, supported by tighter cost discipline that reduced administrative expenses.
Management emphasized a strategy centered on unlocking value from its current portfolio while actively pursuing new growth opportunities in Malaysia and the wider Southeast Asian region. Confidence in its resource base was reinforced by the publication of a Competent Persons Report, which confirmed substantial contingent and prospective reserves, further validating Seascape’s long-term growth outlook.
About Seascape Energy Asia Plc
Seascape Energy Asia is an exploration and production company with a core focus on Southeast Asia, particularly Malaysia. Specializing in gas asset development, the company leverages its technical capabilities and strong regional partnerships to build a portfolio of high-quality, gas-weighted projects. Seascape’s strategy is aligned with the rising energy demand across Southeast Asia, a region undergoing rapid economic expansion and increasing consumption needs.
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