Faroe Petroleum plc
Faroe Petroleum plans to parlay its access to the reserve-rich Atlantic margin region around the Faroe Islands into major revenue growth. Faroe Petroleum plc has exploration licenses in the Faroes, in the UK west of the Shetland Islands, and in the UK sector of the North Sea. Faroe Petroleum plc oil and gas assets include interests in the Clair, Foinaven, and Schiehallion fields, which collectively hold estimated reserves of 1.6 billion barrels of oil. Net reserves attributable to Faroe Petroleum in respect of Minke Main in the Southern North Sea are estimated to be 2.6 billion cu. ft. of gas. Faroe Petroleum plc works with oil majors to develop its oil and gas properties. Faroe Petroleum is listed on the Alternative Investment Market of the London Stock Exchange and has its headquarters in Aberdeen, UK Faroe Petroleum has a highly experienced team of professionals focused on creating exceptional value for its shareholders.
Contact Details
Executives
Chairman
John W. S. Bentley
Chief Executive
Graham Stewart