About Independent Resources
Independent Resources plc was incorporated in June 2005 in the UK to consolidate and fund a number of promising oil and gas projects.
The company's business model is aimed at the construction of an energy trading platform, backed with energy assets, and geographically centered in Italy. The ultimate objective is to integrate sources of gas, storage, and transportation with consumers of gas operating in the wholesale market. Italy is destined to evolve from a major destination market to also become the primary energy land-bridge between North Africa and Europe. Independent Resources intends to participate as a crucial provider of value-added energy solutions to the evolving transalpine Mediterranean energy nexus.
Presently, Independent Resources' core development activities include a major underground gas storage facility, a major new source of unconventional gas onshore Italy, and a major source of conventional and unconventional oil in Tunisia. Although the Tunisian projects are not core to the business plan, they are destined to become important sources of future capital to develop the business.
The directors believe that the potential for integration and leverage amongst storage, exploration & production projects and wholesale clients provides the foundation on which to build a profitable, relatively low-risk, high-value business, either stand-alone or embedded into a much larger integrated enterprise.
The directors believe its assets and strategy lend themselves to select partnerships and acquisitions which would allow the company to cautiously capitalize on its base and grow with confidence.
Independent Resources seeks to secure additional oil and gas resources in the Mediterranean region, consistent with its asset-backed marketing strategy. Developing and monetizing energy assets require patience and a long-term perspective, but can be very rewarding.
- Rivara underground gas storage facility
- Ribolla Basin Coal Bed Methane Play
- Enhanced recovery from coal seams
- CO2 sequestration
- Tunisian oil and gas acreage
- The Italian natural gas market
- Commercial opportunities from gas storage
- Management team
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