T5 Oil and Gas to seek listing on Dublin ESM

T5 Oil and Gas, the new exploration firm established by five former Tullow Oil executives, is to seek a stock listing on Dublin’s ESM market in the autumn, or early next year, depending on market conditions.

The move will form part of a dual listing, with the company’s primary share listing set to be via London’s AIM exchange.

T5, which is headed by ex-Tullow chairman, Pat Plunkett, and counts his fellow former Tullow executives Matt O’Donoghue, Steve McTiernan, Andrew Windham and Gerry Sheehan as the other founding directors, has already been described as “a mini-Tullow” and is set to focus, as with that company, on building up an asset base in Africa.