Wellesley Petroleum is focused on hydrocarbon exploration in Norway. The Company has built a team of highly experienced industry.
Business Model:
Revenue: $3M
Employees: 11-50
Address: Reidar Berges Gate 9
City: Stavanger
State: rogaland
Zip: 4013
Country: NO
Wellesley Petroleum is focused on hydrocarbon exploration in Norway. The Company has built a team of highly experienced industry professionals. Wellesley is qualified as an operator and in Q3 2017 the Company drilled its first operated well. From these foundations Wellesley is developing a material and sustainable exploration business on the NCS by the following means: Generating new technically and commercially attractive prospects Accessing a material acreage bank via licence rounds and new business initiatives Planning and executing a sustainable drilling campaign of high ranked exploration targets Building capacity and ensuring financial flexibility to take discoveries forward Wellesley’s Vision is to build a leading E&a;P business that is recognised for its enduring ability to create value. The execution of our strategy will be underpinned by our five Core Values: Teamwork, Clarity, Ownership, Humility and Integrity.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2015 | Private Equity Round | 1 | - |
Blue Water Energy Blue Water Energy |
6/2015 | Private Equity Round | 1 | - |
Blue Water Energy Blue Water Energy |
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