Clontarf Energy
Clontarf Energy plc is an AIM-listed junior resource explorer holding a 60% interest in Ghana's Tano 2A oil & gas block, negotiating lithium brine development rights with Bolivia's state lithium company YLB, and operating under an MoU for acreage in Chad.
- Company typePublic
- Founded2003
- HeadquartersClontarf, Ireland
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Clontarf Energy does
Clontarf Energy plc is a UK-incorporated, AIM-listed (LON:CLON) exploration and production company holding a portfolio of three pre-development resource assets across West Africa, South America, and Central Africa. Its principal asset is a 60% working interest in the 1,532 km² Ghana Tano 2A Block, located adjacent to four recent discoveries by Tullow Oil and Kosmos; an amended Petroleum Agreement with GNPC (Ghana National Petroleum Corporation) remains pending ratification by Ghanaian Cabinet and Parliament. The company is also in active negotiations with YLB (Yacimientos de Litio Bolivianos), the Bolivian State Lithium Company, to recover lithium, magnesium and other economic products from high-grade salt-lake brines, with samples analysed and pilot-plant processing underway. A third exposure is an MoU with Chadian authorities covering sedimentary basin acreage close to export pipeline infrastructure.
The business model is exploration-stage: Clontarf generates no current revenue and earns returns only if exploration rights convert into production-sharing agreements, commercial discoveries, or asset realisations. The go-to-market is enterprise field sales — bilateral negotiations with state-owned resource counterparties (GNPC, YLB, Chadian authorities) rather than any consumer or commercial channel. Historical revenue mechanics include a prior iteration of the company operating as "Persian Gold" and, before that, the 2010 sale of Pan Andean Resources' Colombian and Peruvian assets for $32 million to Petrominerales (now Pacific Rubiales), from which the current entity was spun out. Capital is sourced from periodic small share placings on AIM (notably ~€540K in September 2024 at 0.045p per share), implying a continuous reliance on equity issuance to fund operations.
Leadership is led by Chairman David Horgan, with Executive Chairman John Teeling and Finance Director Jim Finn. The company has 51-100 employees, a market capitalisation of approximately £1.64 million (April 2026, share price GBX 0.02), and 8.19 billion shares in issue as of March 2026. Clontarf discloses no software, AI/ML, or data-product offering; its principal intangible asset is contractual and regulatory access to its exploration licences.
Clontarf Energy firmographics
Firmographics- Name
- Clontarf Energy
- Legal name
- Clontarf Energy plc
- Website
- https://clontarfenergy.com
- Company type
- Public
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Clontarf Energy plc is an AIM-listed junior resource explorer holding a 60% interest in Ghana's Tano 2A oil & gas block, negotiating lithium brine development rights with Bolivia's state lithium company YLB, and operating under an MoU for acreage in Chad.
- Ownership category
- akta.pro rank
Clontarf Energy industry classification
Industry- Product category
- Upstream Oil & Gas and Lithium Exploration
- NAICS
- Oil and Gas Extraction (211)
- SIC
- Crude Petroleum & Natural Gas (1311)
- akta.pro primary industry
- Mineral Rights, Leasing & Land Management (EUALAAAB)
- akta.pro secondary industry
- Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)
Keywords
Where Clontarf Energy is headquartered
LocationHeadquarters
- HQ city
- Clontarf
- HQ country
- Ireland
- HQ region
- Europe
Offices1 record
Markets served
Clontarf Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Oil & Gas Exploration: Oil and gas exploration and production activities across Ghana (Tano 2A Block), Chad, and Western Australia through exploration rights, production sharing agreements, and potential future commercial discoveries.
- Lithium Brine Development: Lithium and battery-grade lithium extraction from Bolivian salt-lakes in partnership with YLB (Bolivian State Lithium Company). Currently in negotiation and pilot-plant development phase.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Clontarf Energy product offering
Product offeringCore offering
Clontarf Energy is a pre-revenue exploration and production company holding interests in oil and gas assets (60% of Ghana's 1,532 km² Tano 2A Block and a Chad sedimentary basin MoU) and lithium brine assets in Bolivian salt-lakes. The company negotiates production sharing agreements and joint development deals with state-owned partners such as Ghana's GNPC and Bolivia's YLB, with lithium samples already analysed and pilot-plant work underway. Core activity centers on advancing exploration assets through regulatory approval and pilot development toward potential future commercial production.
Product overview
Clontarf Energy plc is an emerging lithium and oil & gas Exploration & Production company operating across South America and Africa. The company does not offer a unified software platform; instead, it maintains a portfolio of three distinct exploration assets: the Ghana Tano 2A Block (oil & gas, 60% interest), the Bolivia Lithium Project (lithium brine extraction and processing), and Chad Sedimentary Basin Acreage (oil & gas). The Bolivia project involves negotiations with the state lithium company YLB and includes pilot-plant development activities. The company operates primarily in the exploration and development phase and has no software products or modules.
Differentiator
Problem solved
Functional benefit
Products and services
- Ghana Tano 2A Block Oil and gas exploration block covering 1,532 km² in Ghana, located close to four recent discoveries by Tullow Oil plc and Kosmos. Clontarf Energy holds a 60% working interest and is awaiting ratification of the amended Petroleum Agreement by Ghanaian Cabinet and Parliament.
- Bolivia Lithium Project Lithium brine exploration and development project in Bolivia. Clontarf is in discussions with YLB (Yacimientos de Litio Bolivianos), the Bolivian State Lithium company, on options to recover lithium, magnesium, and other economic products from brines under applicable Bolivian rules. Samples have been analysed and initial processing work is underway.
- Chad Sedimentary Basin Acreage Oil and gas exploration acreage in Chad, located close to existing export pipeline infrastructure. A Memorandum of Understanding has been signed with Chadian authorities on sedimentary basin acreage.
Quantifiable outcome
- Pilot-plant development and potential deployment in Bolivian salares
Companies that use Clontarf Energy
Customer profileSegments3 records
Ideal customer profiles3 records
Clontarf Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Clontarf Energy partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- YLB (Yacimientos de Litio Bolivianos)coreOngoing discussions with YLB, the Bolivian State Lithium Company, on exploration and development of high grade, low impurity salt-lakes. Samples have been analysed and initial processing work is underway. Since 2017, YLB is in charge of the development of salt-lakes in Bolivia.
- GNPC (Ghana National Petroleum Corporation)coreNegotiations and agreements with GNPC, the Ghanaian state petroleum company, regarding the Tano 2A Block. The amended Petroleum Agreement awaits ratification by Cabinet and Parliament.
- Chadian AuthoritiesminorMemorandum of Understanding signed with Chadian authorities on sedimentary basin acreage available close to the export pipeline.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Clontarf Energy competitors and assessment
Company assessmentBroad incumbents
- Albemarle Corporation: Albemarle is a global lithium major producing from South American and Australian brine/assets. Comparable as a lithium commodity producer with operations adjacent to the Lithium Triangle, providing a benchmark for lithium project economics and scale.
- Pacific Rubiales Energy: Pacific Rubiales (acquired Pan Andean's Colombian/Peruvian assets for $32M) is a broad Latin American upstream operator. Relevant as the acquirer of Clontarf's predecessor's legacy assets and a benchmark for South American E&P.
- Sociedad Química y Minera (SQM): SQM is a major lithium and specialty chemicals producer with extensive operations in Chile's Salar de Atacama. Provides a benchmark for South American lithium brine economics and a comparable state-partnership operating model.
Direct peers
- Lithium Argentina AG: Lithium Argentina (formerly Lithium Americas) develops lithium assets in the Lithium Triangle of South America. Comparable as a lithium brine developer pursuing state-partnered or large-resource assets in Argentina, sharing geographic and regulatory characteristics with Clontarf's Bolivia lithium exposure.
- Orca Exploration Group (PanAfrican Energy): Orca/PanAfrican is a small-cap upstream oil & gas operator focused on African assets with state-partnered production. Comparable as a small public E&P company pursuing resource development across African geographies with sovereign counterparties.
- Kosmos Energy: Kosmos Energy is a direct peer given its exploration and production activity in the same Ghanaian offshore basin with discoveries near Tano 2A. Both companies target Cretaceous turbidite plays in the Tano Basin.
- Tullow Oil plc: Tullow Oil is a direct peer as it operates in the same Tano Basin offshore Ghana and made four recent discoveries adjacent to Clontarf's Tano 2A Block. It is the most comparable E&P operator by geography, basin geology, and asset scale.
- PetroMatad plc: PetroMatad is a small-cap AIM-listed frontier E&P company pursuing oil & gas exploration in Mongolia with similar exploration-stage profile. Both are pre-revenue AIM-listed upstream companies dependent on government partnerships and equity placings.
Regional players
- Aker Energy: Aker Energy operates offshore Ghana and pursues E&P in the same basin as Clontarf's Tano 2A asset. Comparable as a Ghana-focused upstream operator with regional overlap, though Aker is privately held by Aker ASA.
Others
- Pan Andean Resources PLC: Pan Andean Resources was the predecessor entity from which Clontarf Energy was formed after the $32M sale of Colombian/Peruvian assets. Provides direct historical comparability on asset portfolio and management continuity.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Clontarf Energy social profiles
Digital presenceClontarf Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Clontarf Energy leadership team
Management profileNumber of profiles
Profiles3 records
Clontarf Energy funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Clontarf Energy M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Clontarf Energy
What does Clontarf Energy do?
Clontarf Energy is a pre-revenue exploration and production company holding interests in oil and gas assets (60% of Ghana's 1,532 km² Tano 2A Block and a Chad sedimentary basin MoU) and lithium brine assets in Bolivian salt-lakes. The company negotiates production sharing agreements and joint development deals with state-owned partners such as Ghana's GNPC and Bolivia's YLB, with lithium samples already analysed and pilot-plant work underway. Core activity centers on advancing exploration assets through regulatory approval and pilot development toward potential future commercial production.
Is Clontarf Energy a public or private company?
Clontarf Energy is a public company. It is classified as public and is currently operating.
When was Clontarf Energy founded?
Clontarf Energy was founded in 2003. It employs 51 to 100 people.
Where is Clontarf Energy based?
Clontarf Energy is headquartered in Clontarf, Ireland, in the Europe region.
How does Clontarf Energy make money?
Two revenue lines are on record. Oil & Gas Exploration is the primary driver. The others are lithium Brine Development.
Who are Clontarf Energy's main competitors?
Broad incumbents on record are Albemarle Corporation, Pacific Rubiales Energy and Sociedad Química y Minera (SQM). Direct peers are Lithium Argentina AG, Orca Exploration Group (PanAfrican Energy), Kosmos Energy, Tullow Oil plc and PetroMatad plc. Aker Energy is listed as a regional player. Pan Andean Resources PLC is listed as an others.
Does Clontarf Energy have an API?
No public API is recorded for Clontarf Energy.
What industry is Clontarf Energy in?
Clontarf Energy's product category is Upstream Oil & Gas and Lithium Exploration. Its primary akta.pro industry code is EUALAAAB, Mineral Rights, Leasing & Land Management, with a secondary code of IMAKAFAM, Mine Development & Processing EPC (Critical Minerals). Its NAICS code is 211 and its SIC code is 1311.