Our East Midlands asset base includes three producing licences and three exploration licences located in Lincolnshire. The producing licences are:

1. Whisby – producing approximately 100 bbl/d
   
2. Newton-on-Trent – currently shut in, with a development plan targeted for 2027
   
3. Reepham – currently shut in, with redevelopment and abandonment pathways under evaluation for 2026
   

These mature assets provide a platform for continued production, redevelopment and disciplined value enhancement.
At Whisby, production has remained resilient, with Whisby-4 showing no significant decline over the last three years.
At Newton-on-Trent, a 3D seismic survey acquired after the drilling of Newton-1 has been interpreted as indicating further development potential.