Meren Energy MER.TO · CAD

Its shares trade on Toronto Stock Exchange under the ticker MER.TO. It has been listed since 3 January 1996. In the fiscal year to 31 December 2025, it reported revenue of $787.9m and a net loss of $44.5m. At that date it held total assets of $2.69bn and shareholders' equity of $1.06bn.

Africa Oil Corp. engages in the exploration of oil and gas properties. The company is headquartered in Vancouver, British Columbia. The firm has oil and gas interest in Kenya and Ethiopia. The firm focuses on the acquisition, exploration and development of oil and gas assets, located in under-explored geographic areas, in the early phase of the upstream oil and gas life-cycle. The firm has explored on multiple onshore exploration blocks in various geological settings in East Africa. The company has made various oil discoveries in the South Lokichar Basin (Blocks 10BB and 13T) located in the Tertiary Rift trend in Kenya. The firm's appraisal activities include extended well testing, appraisal drilling and engineering studies and sanctioning development of the oil fields in the South Lokichar Basin. Its blocks 10BA, 10BB, 12A, 13T, South Omo, and the Rift Basin Area are located in the East African Tertiary Rift trend. The company has interests in Block 9, Block 10BB, Block 12A, Block 13T, Block 10BA, South Omo and Rift Basin Area.

Figures and description from our data supplier, not checked against the company's own report.

• Mr. John CraigIndependent Chairman of the Board$176,189
• Dr. Roger TuckerPresident, Chief Executive Officer, Director, since 2023$1.5m
• Mr. Pascal NicodemeChief Financial Officer$1.7m
• Mr. Craig KnightChief Operating Officer$1.0m
• Dr. Paul MartinezChief Technical Officer$1.5m
• Dr. Oliver QuinnChief Commercial Officer$181,413
• Ms. Joanna KayChief Legal Officer and Corporate Secretary$41,247
• Mr. Keith HillDirector, since 2006$2.9m
• Mr. Andrew BartlettIndependent Director$156,141
• Mr. Gary GuidryIndependent Director$146,879
• Ms. Erin JohnstonIndependent Director$141,323
• Ms. Kimberley WoodIndependent Director$145,027

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