Petralon Energy is an indigenous African exploration and production company with proven capacity to acquire, develop, finance, and operate oil and gas assets. Since its establishment in 2014, the company has consistently demonstrated its ability to secure financing from leading institutions across the Americas, Europe, and Africa. 

Petralon Energy holds a 100% interest in the Dawes Island Field and, through its indirect stake in Meren Energy Inc. (formerly Prime Oil and Gas Cooperatief), maintains a combined 6.06% interest acquired in two transactions completed in October 2021 and March 2022. 

Meren Energy holds an 8% interest in PML 52 and PPL 2003, as well as a 16% interest in PMLs 2, 3, 4, and PPL 261. These assets include three prolific, producing deep-water fields: Agbami, Akpo, and Egina.