Imperial Energy

Imperial Energy is an upstream oil exploration and production company focused on Russian Federation. The Company was founded by a group of Russian and foreign investors as an independent middle size oil producer in 2004. Through a series of acquisitions, by the end of 2004, the company had controlling stakes in four license-holding companies, three of which had exploration acreages in the Tomsk area of Western Siberia and one near Kostanai in Kazakhstan. Imperial Energy held a vast program of exploration works which has led to 7 new fields discoveries in Tomsk region. Thanks to its strategy, Imperial rapidly moved from being a junior oil and gas exploration company to an exploration and production organization. Imperial Energy is a company of international level. In 2004 Imperial Energy listed its shares on Londons AIM exchange, then moved to the main LSE market in May 2007 and became a constituent of the FTSE 250 Index. The company was acquired by ONGC Videsh Limited (OVL...