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05:00 on 20/11/2017

Current Price 12.50p | Bid 0.00p | Ask 0.00p | Change 0.00%

Company Overview

Xplorer plc was formed for the purpose of acquiring a company, business or asset that has operations in the oil and gas exploration and production sector that it will then look to develop and expand. The Acquisition is required to establish Xplorer's presence in the oil and gas sector and will from the basis of Xplorer's growth in that sector. It is not intended that Xplorer simply acquire minority stakes in oil and gas entities but that it acquires and operates oil and gas businesses. Xplorer plc will form a trading business, rather than an investment entity. The Company intends that the Acquisition be of an operating oil and gas exploration and production business that can act as the cornerstone for building a substantial operational group within the same sector. Xplorer intends to grow this operational oil and gas exploration and production business both organically and by acquisition. The Company aims to achieve its objective through the identification and acquisition of interests in companies, businesses or assets where the existing owners are attracted to the Xplorer proposition, namely the opportunity to sell for cash or hold an ownership interest in a company whose equity securities are listed on the London Stock Exchange, with cash, access to capital markets and the 'know-how' to unlock the value of their acquired natural resource assets.

Stock Details

Shares in Issue 13,612,600
Market cap £ 1.70m
Sector Oil & Gas Producers

Financial Highlights Year Ended 31/03/2014

Turnover £0.00 million
Operating Profit £-1.03 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio -138.89
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Price Summary

Mid Price ? 0.00p
Bid Price ? 0.00p
Ask Price ? 0.00p
Volume ? 0
Change Today 0.00p
% Change Today 0.00%
Open 0.00p
Previous Close 12.50p
Intraday High 0.00p
Intraday Low 0.00p
52 Week High 144609.00p
52 Week Low 12.50p

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