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Star Energy
Star Energy is a British oil, gas and geothermal company. It was a British onshore oil exploration company until it was acquired by IGas Energy in December, 2011. Igas then rebranded to Star Energy Group. The company expanded into geothermal.
The company should not be confused with Star Energy Geothermal in Indonesia, which is part of Barito Renewables Energy.
It was formed in October 1999 essentially as a management buyout of operations in the Weald Basin, acquired from Soco International. The buyout was funded by European Acquisition Capital.
In June 2000, it expanded when it acquired the assets of Roc Oil in the East Midlands Oil Province.
In May 2004 it became a public company, listed on the Alternative Investment Market (AIM). In August 2005, it bought Pentex Oil, and increased its portfolio greatly in the East Midlands. These fields are based near Welton, Lincolnshire at Reepham, near its railway station.
In November 2005 it opened its first gas storage facility at the depleted Humbly Grove oil field, near Lasham in Hampshire. On 7 March 2008, it de-listed from the AIM stock market, becoming subsidiary of Petronas.
In December 2011 all assets, with the exception of Humbly Grove were acquired by IGas .
IGas Energy Plc was an independent oil and gas exploration and production company, incorporated and operating in the United Kingdom, with headquarters in London. The company started and incorporated in 2003 to produce natural gas, primarily coalbed methane. It grew by acquiring Nexen Exploration and Star Energy in 2011, and PR Singleton Limited in 2013. Since December 2011 company shares have traded on the London Stock Exchange under the symbol IGAS.
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Star Energy
Star Energy is a British oil, gas and geothermal company. It was a British onshore oil exploration company until it was acquired by IGas Energy in December, 2011. Igas then rebranded to Star Energy Group. The company expanded into geothermal.
The company should not be confused with Star Energy Geothermal in Indonesia, which is part of Barito Renewables Energy.
It was formed in October 1999 essentially as a management buyout of operations in the Weald Basin, acquired from Soco International. The buyout was funded by European Acquisition Capital.
In June 2000, it expanded when it acquired the assets of Roc Oil in the East Midlands Oil Province.
In May 2004 it became a public company, listed on the Alternative Investment Market (AIM). In August 2005, it bought Pentex Oil, and increased its portfolio greatly in the East Midlands. These fields are based near Welton, Lincolnshire at Reepham, near its railway station.
In November 2005 it opened its first gas storage facility at the depleted Humbly Grove oil field, near Lasham in Hampshire. On 7 March 2008, it de-listed from the AIM stock market, becoming subsidiary of Petronas.
In December 2011 all assets, with the exception of Humbly Grove were acquired by IGas .
IGas Energy Plc was an independent oil and gas exploration and production company, incorporated and operating in the United Kingdom, with headquarters in London. The company started and incorporated in 2003 to produce natural gas, primarily coalbed methane. It grew by acquiring Nexen Exploration and Star Energy in 2011, and PR Singleton Limited in 2013. Since December 2011 company shares have traded on the London Stock Exchange under the symbol IGAS.