Star Energy: Difference between revisions
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{{Short description|Former oil exploration company}} |
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{{distinguish|Energy Star}} |
{{distinguish|Energy Star}} |
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{{ |
{{More citations needed|date=July 2010}} |
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{{Infobox company |
{{Infobox company |
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| name = Star Energy |
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| logo = Star Energy logo.jpg |
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| logo_size = 180px |
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| company_type = Wholly owned subsidiary of Petronas International Corporation Ltd |
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| type = [[Subsidiary]] |
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| foundation |
| foundation = {{start date and age|1999|10}} |
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| location |
| location = Grand Buildings, 1-3 Strand, [[London]], WC2N 5EJ |
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| key_people = Roland Wessel <small>(Chief Executive)</small> |
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| key_people = |
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| area_served |
| area_served = UK |
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| industry |
| industry = Petroleum exploration |
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| products = Oil |
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| products = Oil |
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| revenue = |
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| operating_income = |
| operating_income = |
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| net_income |
| net_income = |
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| assets |
| assets = |
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| equity = |
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| num_employees = |
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| parent = [[IGas Energy]] |
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| num_employees = |
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| homepage |
| homepage = [http://www.starenergy.co.uk Star Energy] |
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| intl = yes |
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}} |
}} |
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'''Star Energy''' |
'''Star Energy''' was a British [[Onshore (hydrocarbons)|onshore]] oil exploration company until acquired by [[IGas Energy]] in December 2011 |
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==History== |
==History== |
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It was formed in October essentially as a management |
It was formed in October 1999 essentially as a [[management buyout]] of operations in the Weald Basin, acquired from Soco International. The buyout was funded by European Acquisition Capital. |
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In June 2000, it expanded when it acquired the assets of [[Roc Oil Company |
In June 2000, it expanded when it acquired the assets of [[Roc Oil Company|Roc Oil]] in the [[East Midlands Oil Province]]. |
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In May 2004 it became a public company, listed on the [[Alternative Investment Market]] (AIM). In August 2005, it bought Pentex Oil, and increased its portfolio greatly in the East Midlands. These fields are based near [[Welton, Lincolnshire]] at [[Reepham, Lincolnshire|Reepham]], near its [[Reepham railway station (Lincolnshire)|railway station]]. |
In May 2004 it became a public company, listed on the [[Alternative Investment Market]] (AIM). In August 2005, it bought Pentex Oil, and increased its portfolio greatly in the East Midlands. These fields are based near [[Welton, Lincolnshire]] at [[Reepham, Lincolnshire|Reepham]], near its [[Reepham railway station (Lincolnshire)|railway station]]. |
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In November 2005 it opened its first gas storage facility at the depleted Humbly Grove oil field, near [[Lasham]] in [[Hampshire]]. On 7 March 2008, it de-listed from the AIM stock market, becoming subsidiary of [[Petronas]]. |
In November 2005 it opened its first gas storage facility at the depleted Humbly Grove oil field, near [[Lasham]] in [[Hampshire]]. On 7 March 2008, it de-listed from the AIM stock market, becoming subsidiary of [[Petronas]]. |
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In December 2011 all assets, with the exception of Humbly Grove were acquired by IGas . |
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In April 2009 it bought [[Marathon Oil]] Ireland Ltd. |
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==Geothermal energy== |
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Star Energy is the owner of the [[Wayang Windu Geothermal Power Station]], the largest [[geothermal power|geothermal]] power station in [[Indonesia]]. It is operated by Magma Nusantara Limited (MNL), a wholly owned subsidiary of Star Energy.<ref name>[http://apps.starenergy.co.id/Apps/CDW.nsf/post/wayangwindu Star Energy: ''Wayang Windu''], retrieved 21 August 2010</ref> |
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==Structure== |
==Structure== |
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It is based on the [[Strand, London|Strand |
It is based on the [[Strand, London|Strand]] in the [[City of Westminster]]. |
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===Divisions=== |
===Divisions=== |
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Star Energy Group Ltd is the main company based in London, but it also has nine other smaller companies which house its operations, which include |
Star Energy Group Ltd is the main company based in London, but it also has nine other smaller companies which house its operations, which include |
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* Star Energy Weald Basin Ltd, based at the Holybourne. |
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* Star Energy Weald Basin Ltd, based at the Humbly Grove facility, and includes the fields of Humbly Grove, [[Herriard]], [[Singleton, West Sussex|Singleton]], [[Storrington]], [[Horndean]], Palmers Wood, [[Bletchingley]] and [[Albury, Surrey|Albury]]. |
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* Star Energy (East Midlands) Ltd, based at the Welton Gathering Centre and operates the fields of Welton, [[Stainton by Langworth|Stainton]], [[Nettleham]], [[Cold Hanworth]], [[Scampton]], Scampton North, and Eskdale. |
* Star Energy (East Midlands) Ltd, based at the Welton Gathering Centre and operates the fields of Welton, [[Stainton by Langworth|Stainton]], [[Nettleham]], [[Cold Hanworth]], [[Scampton]], Scampton North, and Eskdale. |
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* Star Energy Oil and Gas Ltd, based near [[Gainsborough, Lincolnshire|Gainsborough]], and operates the fields at Beckingham, [[Egmanton]], [[Corringham, Lincolnshire|Corringham]], [[Glentworth, Lincolnshire|Glentworth]], East Glentworth, [[Rempstone]], [[Long Clawson]], [[Bothamstall]], and [[South Leverton]]. |
* Star Energy Oil and Gas Ltd, based near [[Gainsborough, Lincolnshire|Gainsborough]], and operates the fields at [[East Midlands Oil Province#Beckingham West (Nottinghamshire)|Beckingham]], [[Egmanton]], [[Corringham, Lincolnshire|Corringham]], [[Glentworth, Lincolnshire|Glentworth]], East Glentworth, [[Rempstone]], [[Long Clawson]], [[Bothamstall]], and [[South Leverton]]. |
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==References== |
==References== |
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==External links== |
==External links== |
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* [http://www. |
* [http://www.igasplc.com/ IGas] |
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{{Energy in the United Kingdom|companies}} |
{{Energy in the United Kingdom|companies}} |
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[[Category:Companies formerly listed on the Alternative Investment Market]] |
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| ⚫ | |||
[[Category:Oil and gas companies of the United Kingdom]] |
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[[Category:Petronas]] |
[[Category:Petronas]] |
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[[Category: |
[[Category:1999 establishments in England]] |
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| ⚫ | |||
[[Category:City of Westminster]] |
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Latest revision as of 21:19, 21 March 2024
 | This article needs additional citations for verification. (July 2010) |
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| Company type | Subsidiary |
|---|---|
| Industry | Petroleum exploration |
| Founded | October 1999 |
| Headquarters | Grand Buildings, 1-3 Strand, London, WC2N 5EJ |
Area served | UK |
| Products | Oil |
| Parent | IGas Energy |
| Website | Star Energy |
Star Energy was a British onshore oil exploration company until acquired by IGas Energy in December 2011
History[edit]
It was formed in October 1999 essentially as a management buyout of operations in the Weald Basin, acquired from Soco International. The buyout was funded by European Acquisition Capital.
In June 2000, it expanded when it acquired the assets of Roc Oil in the East Midlands Oil Province.
In May 2004 it became a public company, listed on the Alternative Investment Market (AIM). In August 2005, it bought Pentex Oil, and increased its portfolio greatly in the East Midlands. These fields are based near Welton, Lincolnshire at Reepham, near its railway station.
In November 2005 it opened its first gas storage facility at the depleted Humbly Grove oil field, near Lasham in Hampshire. On 7 March 2008, it de-listed from the AIM stock market, becoming subsidiary of Petronas.
In December 2011 all assets, with the exception of Humbly Grove were acquired by IGas .
Structure[edit]
It is based on the Strand in the City of Westminster.
Divisions[edit]
Star Energy Group Ltd is the main company based in London, but it also has nine other smaller companies which house its operations, which include
- Star Energy Weald Basin Ltd, based at the Holybourne.
- Star Energy (East Midlands) Ltd, based at the Welton Gathering Centre and operates the fields of Welton, Stainton, Nettleham, Cold Hanworth, Scampton, Scampton North, and Eskdale.
- Star Energy Oil and Gas Ltd, based near Gainsborough, and operates the fields at Beckingham, Egmanton, Corringham, Glentworth, East Glentworth, Rempstone, Long Clawson, Bothamstall, and South Leverton.
