Imperial Energy Corporation
From Wikipedia, the free encyclopedia
| Imperial Energy Corporation plc | |
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| Type | Public (LSE: IEC) |
| Founded | 2004 |
| Headquarters | Leeds, UK |
| Key people | Peter Levine, Chairman Christopher Hopkinson, CEO |
| Industry | Energy |
| Revenue | $19.9 million (2007) |
| Operating income | $(39.0) million (2007) |
| Net income | $(42.5) million (2007) |
| Website | www.imperialenergy.com |
Imperial Energy Corporation plc (LSE: IEC) is a leading British-based oil exploration and production business operating in Siberia. It is headquartered in Leeds and is a constituent of the FTSE 250 Index.
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[edit] History
The business was founded in 2004. In 2007 it was first listed on the London Stock Exchange.
[edit] Structure
The company is currently operating through four subsidiaries:
- Allianceneftegaz
- Sevkazgra
- Sibinterneft
- Nord Imperial[1]
The business is organised on a geographic basis:
- Tomsk Oblast of Western Siberia
- Kostanai in North Central Kazakhstan
[edit] Operations
Imperial Energy Corporation produces approximately 80% of its oil in the Maiskoye field and 20% in the Snezhnoye field in Tomsk region. Exploration activities also are going on in the South Maiskoye, North Festivalnoye, Vodorazdelnoye and Tamratskoye fields.[2]
Imperial Energy has two operational pipelines flowing west of the Ob River: the 152 kilometres (94 mi) long Maiskoye-Luginetskoye pipeline and the 152 kilometres (94 mi) Snezhnoye-Zavyalovo pipeline, connected with the Transneft's pipeline system. The company also constructs the third pipeline linking its Block 80, East of the Ob River, to Zavyalovo.[3]
[edit] References
- ^ "Imperial Energy - Description", OilVoice. Retrieved on 2008-06-15.
- ^ "Imperial Energy - Production and Reserves", OilVoice. Retrieved on 2008-06-15.
- ^ "Imperial Energy provides Tomsk pipeline update", OilVoice, 2008-02-12. Retrieved on 2008-06-15.
