Meren CEO on 2026 strategy: growth & balance sheet focus

Meren (TSX:MER, STO:MER, OTCQX:MRNFF) CEO Dr Oliver Quinn talked with Proactive's Stephen Gunnion about the company’s leadership transition, 2025 performance and strategic priorities for 2026 following a transformational period for the business. Quinn explained that Meren completed its strategic shift in 2025 with the consolidation of the Prime Nigeria business, doubling reserves and production while taking direct ownership and control of the asset. He described 2025 as a year of “disciplined delivery,” highlighting execution, integration and strong financial performance. During the year, Meren returned $108 million to shareholders through dividends and buybacks, while maintaining a strong balance sheet and liquidity position. Looking ahead, Quinn said the company’s overarching priority is “consistent execution” to support disciplined capital allocation. Nigeria remains central to the investment case, with a focus on safe, reliable base production alongside near-term reserves growth, infill drilling and low-risk exploration opportunities. He also pointed to improving fiscal conditions in Nigeria, including a deepwater tax break designed to accelerate resource development. Beyond Nigeria, Meren is advancing gas opportunities in Equatorial Guinea, where it is seeking a partner to develop a discovery near the EG LNG facility. The company also holds exploration acreage in Equatorial Guinea and South Africa, as well as a carried interest in the Venus development in the Orange Basin, where FID is anticipated in 2026. For more insights from energy sector leaders, visit Proactive’s YouTube channel, give this video a like, subscribe to the channel and enable notifications so you never miss future updates. #Meren #OliverQuinn #EnergySector #OilAndGas #NigeriaEnergy #OrangeBasin #VenusProject #EquatorialGuinea #LNG #EnergyInvestment #OilExploration #EnergyStocks #AfricaEnergy #CapitalAllocation #InvestorUpdate