Group 1 - BW Energy Limited has qualified to trade on the OTCQX Best Market, upgrading from the Pink market, which enhances its visibility and accessibility for U.S. investors [1][2][3] - The company is recognized as a growth-focused oil and gas entity with production and development assets in Gabon, Namibia, and Brazil, aiming to increase engagement with a broader U.S. investor base [4][5] - BW Energy's strategy involves targeting proven offshore oil and gas reservoirs through low-risk phased developments, with significant interests in various fields and a total of 599 million barrels of oil equivalent in net 2P+2C reserves and resources projected for the start of 2025 [5] Group 2 - The OTCQX Market provides a platform for companies to meet high financial standards and best practice corporate governance, facilitating transparent trading for U.S. investors [3][4] - OTC Markets Group operates regulated markets for trading 12,000 U.S. and international securities, with a focus on data-driven disclosure standards [6][7]
BW Energy: OTC Markets Group Welcomes BW Energy Limited to OTCQX
Globenewswireยท2025-04-29 08:30