Address
Corporate Headquarters:
Exchange Tower, 7th Floor
19 Canning Street,
Edinburgh
EH3 8EG
Scotland
http://www.melroseplc.com
Telephone
0131 221 3360
Description
Melrose Resources plc is a UK based oil and gas exploration, development and production company with interests in the Nile Delta in Egypt, offshore Bulgaria in the Black Sea, onshore Mid-continent in the United States and more recently in France. Melrose was founded in 1997 as a management buy-out from another UK based E&P company and is now listed on the London Stock Exchange.
Melrose has a balanced portfolio of assets combining established producing assets with development projects and low to medium risk exploration interests.
The Company's strategy is to take large equity positions in upstream assets that offer the potential to significantly increase shareholder value. Company activities range from wildcat exploration, through new field developments to enhanced recovery projects.