About us
About us
Xtract Energy Plc (‘Xtract’) was established in 2004 (as then Resmex Plc) and its shares were admitted to trading on AIM at the end of March 2005.
Xtract Energy identifies opportunities and invests in a portfolio of early stage energy sector businesses and projects with very significant growth potential. We engage actively with the associated management teams to build and crystallise shareholder value through critical technical inputs, board-level experience and the application of corporate finance expertise. We aim to achieve returns for our shareholders through the capital growth of our investments.
The Directors evaluate new investment opportunities from time to time and may engage the Company in additional businesses and projects in conventional and non-conventional fields such as oil shale. Opportunities considered may be green field and/or involve the acquisition of or participation in already existing businesses which may be quoted or unquoted. Due to the typically active nature of our engagement with investee companies, we expect that our portfolio will continue to be focused on a relatively limited number of significant investments rather than being very broadly spread.
The principal assets of Xtract are its holdings in Extrem Energy A.S., Elko Energy Inc, Zhibek Resources Ltd and its Oil Shale deposits in Queensland, Australia.
Further information on the principal assets is contained in the Activities section.
Directors
