Our storiesCARRAIGMORE PETROLEUM LTD.

February 10, 2019by admin.hess
https://hessgroupinternational.com/wp-content/uploads/2019/02/petroleum-1.jpg

Reg. No: 08709980 (UK)
ISIN (Ord. Shares): GB00BJHC6C58, SEDOL: BJHC6C5
2nd Floor 37-38 Long Acre, Covent Garden,
London, WC2E 9JT, United Kingdom

Carraigmore Petroleum Limited (CPL) is a UK-based energy holding company established to facilitate participation in the development of oil and gas projects in the US.

Rolf Hess founded CPL in 2007 with initial capital of USD 4m. Currently CPL is planning its trade sale to external investors, expected to be completed within the next 12-18 months.

Milestones:

  • Venture risk: All initial investments were made from internal cash flow
  • High risk exploration undertaken
  • Established Oil & Gas companies in the US: Green River Energy Corporation, Carraigmore Utah Energy Corporation.,
  • Incorporation 2007
  • Investment: USD 4 million
  • Parent Company established in London. Incorporation 2014
  • Exit Planned: 2019/2020
  • Exit proceeds expected: 3 digit USD million amount

admin.hess

logo

London Zurich Limassol Dubai Bangkok Berlin

J/F Kennedy Street 6
3106 Limassol | Cyprus
info@hessgroupinternational.com