Executive Summary
Imperial Energy Corporation plc is an independent oil exploration and production company with operations in the Russian Federation. The Company is targeting 25,000bopd production by end of 2008 and currently has 321mmbbls of 2P Reserves. Imperial has an extensive programme in 2007 including 30 production and appraisal wells, 10 exploration wells, construction of 200km of pipeline, oil processing facilities and the development of its own rig company. There will be a complete reserves update in the spring of 2007 and the company is planning to move from AIM to the Main Market before the expiration of H1 2007.
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