OTC Markets Group Welcomes BW Energy Limited to OTCQX

Core Insights - BW Energy Limited has upgraded to trade on the OTCQX Best Market, enhancing its visibility and accessibility for U.S. investors [1][2][3] - The company operates in the oil and gas sector with significant production and development assets in Gabon, Namibia, and Brazil [4][5] Company Overview - BW Energy Limited is a growth-focused exploration and production (E&P) company targeting proven offshore oil and gas reservoirs through low-risk phased developments [5] - The company holds a 73.5% interest in the producing Dussafu Marine license offshore Gabon, a 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, and a 95% interest in the Kudu field in Namibia [5] - Total net 2P+2C reserves and resources were reported at 599 million barrels of oil equivalent at the start of 2025 [5] Market Context - The upgrade to the OTCQX Market allows BW Energy to provide transparent trading for U.S. investors and utilize home market reporting [3] - The OTCQX Market is designed for companies that meet high financial standards and follow best practice corporate governance [3]