Leni Gas and Oil plc (LGO) is engaged in the production and exploration of oil and gas. In addition, LGO also focuses on identifying and acquiring a number of projects in the oil and gas sector with particular emphasis on projects that are in production. The Company�s Trinidad operation consists of four main assets, the Goudron Field IPSC, the Icacos Oilfield, the Moruga North leases and the Cedros Peninsular leases. In Spain LGO holds ownership through its wholly owned subsidiary, Compania Petrolifera de Sedano (CPS), in one production concession, La Lora, which consists the Ayoluengo producing oilfield, and three exploration permits; Basconcillos-H, Huermeces and Valderredible, in Northern Spain. Ayoluengo is the onshore oilfield. The Company has five geographical segments: Spain, the United States, Trinidad & Tobago, Cyprus and the United Kingdom. Its subsidiaries include Leni Gas & Oil Holdings Ltd, Leni Trinidad Ltd and Goudron E&P Ltd, among others.