Executive Summary

Irvine Energy is a natural resources and drilling exploration company with operations located in the United States. Focusing on the production of oil and gas, the company also drills for shale, intended for the innovative production of unconventional shale gas. The Company currently has exploration and production projects in Kansas and Oklahoma, which it is operating and developing in conjunction with its joint venture partner Metro Energy Group ("Metro").

Company History

Current Events

 

Business Model

Irvine Energy plc is focussed on the development of onshore conventional and unconventional oil and gas projects in the USA.

Main Products

To date, the Company has acquired over 168,000 gross acres and 112,000 net acres across the highly productive mid-continent areas of the United States in Kansas and Oklahoma. There are three project areas within the Company's portfolio, including; 1) Niobrara, 2) Kansas and 3) Oklahoma. The Company holds a 50% working interest in the Niobrara and Oklahoma projects, and a 75% working interest in the Kansas project. Metro Energy Group holds the remaining working interest. Metro Energy is located in Tulsa, Oklahoma and is also the operator of all projects.

Key Segments/Customers

 

Main Competitors

 

Competitive Strengths and Issues

 

Key Financials

 

Valuation

 

Balance sheet

 

Investment Rationale

 

Investment Risks

 

Senior management

 

Ownership

 

Broker Coverage

 

External Links

 

Unlock the rest of this article with a 14 day trial

Already have an account?
Login here