Melrose Resources

Melrose Resources
Melrose Resources plc
Type Public (LSE: MRS)
Industry Energy
Founded 1992
Headquarters Edinburgh, Scotland, UK
Key people Robert Adair, Chairman
David Thomas, CEO
Revenue $224.4 million (2009)[1]
Operating income $55.1 million (2009)[1]
Net income $(23.9) million (2009)[1]
Website www.melroseresources.com

Melrose Resources plc (LSE: MRS) is a leading British-based oil and gas exploration and production business. Its activities are focused on Egypt, the United States, France and Turkey. It is headquartered in Edinburgh and is a constituent of the FTSE SmallCap Index.

Contents

History

The Company was formed in 1992 by Robert Adair to exploit international oil opportunities. It was first listed on the London Stock Exchange in 1999. In 2006 the company acquired Merlon Petroleum, an oil business with which it shared interests in Egypt.[2]

Operations

The Group is active in the following regions:

References

  1. ^ a b c Preliminary Results 2009
  2. ^ Melrose buys partner to gain Egypt assets
  1. http://www.rigzone.com/news/article.asp?a_id=82192

External links



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