The London-listed minnow said on Monday that it has decided to divest all remaining oil and gas exploration interests to concentrate on the Islandmagee project.

InfraStrata’s website lists is as the operator of the PL1/10 onshore licence in Northern Ireland as well as the adjacent PL2123 licence, with 20% stakes in each.

It also has miniscule interests in P1918 in the English Channel, P2222 in the East of Shetlands and P2235 in the Moray Firth, off Scotland.

InfraStrata