The company’s current portfolio is valued at almost $395 million and consists of 8 Oil and Gas leases, with proven (P50) reserves of 34 million barrels of oil and 281 billion cubic feet of natural gas. The company also manages gold mining in Alaska with over 620,000 ounces of gold.
THE COMPANY TRACES ITS ORIGINS BACK TO 2007 WHEN IT ESTABLISHED ITS FIRST BUSINESS AS AN OIL AND GAS PRODUCER IN THE UINTA BASIN, IN THE STATE OF UTAH.
Over the years Carraigmore has diversified its portfolio of different natural resources projects (including oil & gas and semi-precious stones), reflecting its progressive and forward looking strategy – assuring continuity, for its employees and shareholders.
OUR MANAGEMENT TEAM, SECTOR SPECIFIC SPECIALISTS AND FINANCE PARTNERS, DEVELOP SOLUTIONS TO DISCOVER AND MANAGE RESOURCES SUSTAINABLY.
Carraigmore Resources Group operates in the Oil rich Uinta Basin in Utah USA managing a vast portfolio of lease properties together with local partners.
ORIGINALLY, THE RESOURCES GROUP WAS ESTABLISHED TO FACILITATE THE FINANCIAL PARTICIPATION IN THE DEVELOPMENT OF OIL AND GAS PROJECTS IN THE U.S.
Carraigmore Resources Group has been actively producing Oil and Gas in the Uinta Basin in Utah, USA since 2007 and has acquired, through its subsidiaries and partners, a portfolio of leases comprising over 34 million barrels of oil, and almost 300 billion cubic feet of gas reserves and resources. This will ensure decades of operations.
Carraigmore Resources Group’s management team of engineers, scientists and sector specific specialists constantly develop innovative solutions, to discover and manage natural resources more efficiently, effectively and sustainably for future generations.
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- Total shares issued: 85.34 mln
- Estimated price after IPO: £3.50
- New issued shares: 12 mln
- Shares offered at: £2.50