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Market Cap

30.25p (-1.25p) -3.97% Down AIM Fossil Fuels and Distribution £69.13m
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Commentary

Oil prospector focused on the North Falklands Basin

Recent Articles

Recent Announcements

Articles from the Sector

Financial History

Financial Year End 31/12/2003 31/12/2004 31/12/2005 31/12/2006 31/12/2007
Currency GBP GBP GBP GBP GBP
Turnover 0.00 0.00 0.00 0.00 0.00
Operating Profit -0.52 -0.68 1.39 -3.62 -1.35
Pretax Profit -0.53 -0.65 2.07 -2.48 -0.32
Earnings After Tax -0.53 -0.65 1.88 -2.82 -0.58
Profit Available For Dividend 0.00 0.00 0.00 0.00 0.00
Ordinary Dividends 0.00 0.00 0.00 0.00 0.00
Retained Profit -0.53 -0.65 1.88 0.00 0.00
Shareholders Funds 1.83 5.88 32.83 30.53 31.24
Net Current Assets -0.52 0.37 26.48 0.00 0.00
Adjusted Earnings Per Share Undiluted 0.00 0.00 0.00 -1.27 -0.26
Adj Earnings Per Share 0.00 0.00 0.00 -1.27 -0.26
Dividend Per Share 0.00 0.00 0.00 0.00 0.00

Company Details

Address 8 Wigmore Street, London, W1U 2RD
Telephone 020 7436 0423
Fax 020 7637 5519

Executives

Chairman Stephen Phipps* (15.00% holding)
Chief Executive Ian Duncan (0.20% holding)
Finance Director (0.00% holding)
Non-Exec Director Andrew Windham (0.00% holding)

Main Shareholders

Phipps & Co: 13.7%
Westmount Energy: 5.4%
Barclays: 5%
Cantor Fitzgerald: 3.3%

Advisers

Nominated Adviser Seymour Pierce
Nominated Broker Seymour Pierce
Solicitors Osborne Clarke
Auditors Hacker Young
Registrar Capita Registrars

Commentary

Oil prospector focused on the North Falklands Basin

Company Data

Code DES
Sedol GB00026894
Shares In Issue 228.520 m
Indices Aim
Entry on AIM 17/06/1998
Interim Results Sep
Final Results Apr
Year End Dec
Accounts Due Apr
Int div payment n/a
Fin div payment n/a
Int net div per share nil
Fin net div per share nil
Probable CGT relief