Melrose Resources plc

Melrose Resources plc

Melrose Resources plc is an Edinburgh-based oil and gas exploration, development and production company with interests in Egypt, Bulgaria, Romania, United States, France and Turkey. Melrose was founded in the 1990's and was listed on the Main Market of the London Stock Exchange in 1999. In 2008, Melrose was admitted to the FTSE 250 share index. Melrose Resources plc, which in 2006 had proved reserves (primarily in Egypt) of 17.3 million barrels of oil and 211.5 billion cu. ft. of natural gas, also produces and distributes ethanol in the US. Melrose Resources plc interests in the US are primarily in Texas and New Mexico. Melrose Resources' primary strategy for growth is to take large equity positions in upstream assets and ramp up the assets' value to shareholders. Melrose Resources plc range of activities include wildcat exploration, new field development, and enhanced recovery projects.

Contact Details

Office Address

Melrose Resources plc
Exchange Tower, 7th Fl.
19 Canning St.
Edinburgh, UK EH3 8EG
Phone: +44-131-221-3360
Fax: +44-131-221-3361

Executives

Chairman

Robert F. M. Adair

Chief Executive

David H. Thomas

Business Reviews for Melrose Resources plc

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