Shahin Amini, Head of Investor Relations and Communications at Meren Energy (MER.TO), outlines how the company is returning serious cash to shareholders while positioning for long-term growth. From a $100 million base dividend to aggressive debt reduction, Meren’s strategy in Nigeria and Namibia is creating flexibility without sacrificing scale. With high-impact drilling, a potential final investment decision on the Venus project, and US investor access via OTCQX, this update is packed with catalysts and confidence.
Key Moments:
- [00:45] – Q3 2025 results: business as usual but strong capital returns
- [01:07] – $25M quarterly dividend, $100M total base dividend for the year
- [01:41] – Debt reduction with net debt to EBITDA now at 0.4x
- [02:31] – Nigeria producing assets (Agbami, Akpo, Egina) generate self-sustaining cash flow
- [03:24] – Venus project in Namibia fully funded to first production
- [04:29] – OTCQX listing expands US investor access without full listing costs
- [05:59] – 2026 catalysts: Venus FID, Nigerian infill drilling, ACPO Far East exploration
- [08:02] – Equatorial Guinea: seeking partners for exploration & appraisal blocks
Meren Energy is a Canadian oil and gas exploration and production company with core assets in offshore Nigeria, alongside growth potential in Namibia and Equatorial Guinea.
