Address
The Hollow
Penn Lane
Melbourne
Derbyshire
DE73 8EP
http://www.ir-plc.com
Telephone
+44 (0)1332 865253
Fax
+44 (0)1332 865111
Email
mailbox@ir-plc.com
Description
Independent Resources plc was incorporated in June 2005 in the UK to consolidate a number of promising oil and gas projects that the founding directors have been developing for several years. The company is managed from the UK.
The company's business model is highly integrated for a new oil and gas enterprise. Its core activities are the development of a major underground gas storage facility, together with upstream assets in Italy and North Africa. The directors believe that the potential for integration and leverage between these storage, exploration and production projects provides the foundation on which to build a profitable, relatively low-risk, high-value business.
Independent Resources is also seeking to secure additional oil and gas resources in the Mediterranean region and elsewhere in Western Europe, consistent with its asset-backed marketing strategy.