Xplorer plc is a company formed for the purpose of acquiring a company, business or asset that has operations in the oil and gas exploration and production sector that it is looking to develop and expand. It operates in acquisition of businesses or asset in the Natural Resources Sector segment. It focuses to grow this operational oil and gas exploration and production business both organically and by acquisition. The Company aims to achieve its objective through the identification and acquisition of companies, businesses or assets where the existing owners are attracted to the Company's proposition, namely the opportunity to sell for cash or hold an ownership interest in a London listed company, with cash, access to capital markets and the know-how to unlock the value of their acquired resource assets. It intends to focus primarily on emerging and under-developed geographic regions, such as Asia, the Middle East and Latin America.