Xplorer PLC is an oil and gas exploration and production company. The organisation mainly focuses on 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 has only one reportable segment, namely the acquisition of businesses or asset in the natural resources sector. Xplorer will form a trading business, rather than an investment entity. In terms of geography, the company intends to focus primarily on Asia, the Middle East, and Latin America.