Selan Exploration Technology Limited has informed the Exchange about Investor Presentation
ANTELOPUS · price
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Selan Exploration Technology Limited filed an investor presentation ahead of an analyst/institutional investor meet scheduled for May 30, 2025. The company highlighted FY25 sales averaging ~1,193 boepd, a 61% year-on-year increase, driven by stable Bakrol volumes (~650 boepd), Karjisan (~464 boepd), Lohar (~72 boepd), and Cambay (~12 boepd). The presentation outlines a multi-basin asset portfolio spanning Cambay, Mumbai Offshore, Mahanadi, Assam, and KG basins with combined 2P reserves of ~60.8 mmboe, pending completion of the merger with Antelopus Energy Private Limited (AEPL). FY26 development roadmap includes Phase 2 drilling in Bakrol and Karjisan starting end Q1 FY26 (targeting production uplift from Q3 FY26), Duarmara drilling completion by August 2025, and first production from Dangeru's Mukkamala-1 well in September 2025. Cambay Field drilling is planned for Q2 FY26, with D-12 drilling targeted in the current weather window.
The presentation provides a clear multi-year growth roadmap with multiple production catalysts in FY26, which could boost investor confidence and support stock sentiment. The 61% YoY production growth and upcoming new field contributions (Dangeru, Duarmara) signal meaningful revenue expansion potential post-merger.