CanArgo Energy Corporation

CanArgo Energy Corporation

CanArgo Energy, formerly Fountain Oil, is an independent oil and gas company that primarily acquires, develops, and exploits gas and oil properties in Eastern Europe. The main focus of CanArgo Energy is the Ninotsminda field in the Kura Basin in the Republic of Georgia, where the company's Ninotsminda Oil subsidiary operates a production-sharing venture with Georgian Oil. In 2008 CanArgo's shares of reported proved reserves at the Ninotsminda field stood at 1.3 million barrels of oil and 1.5 billion cu. ft. of natural gas equivalent. CanArgo Energy Corporation reported oil production from the field of 400 barrels a day and gas production of 49,000 cubic meters per day.

Contact Details

Office Address

CanArgo Energy Corporation
P.O. Box 291
St. Peter Port,, Guernsey, Channel Islands, Guernsey GY1 3RR
Phone: +44-1481-729-980
Fax: +44-1481-729-982

Executives

Chairman, President, CEO, COO

Vincent McDonnell

CFO, Secretary, and Director

Jeffrey Wilkins

Business Reviews for CanArgo Energy Corporation

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