August 22, 2017 5:41 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Whalsay Energy Limited

Company Overview

Whalsay Energy Limited engages in the appraisal, evaluation, and development of heavy oil resources in the United Kingdom (U.K.) North Sea. It primarily focuses on the Bentley oil field. The company was formerly known as Xcite Energy Resources plc and changed its name to Whalsay Energy Limited in June 2017. The company was incorporated in 2002 and is based in Guildford, the United Kingdom. Whalsay Energy Limited is a subsidiary of Xcite Energy Limited.

1 Farnham Road

Guildford,  GU2 4RG

United Kingdom

Founded in 2002

16 Employees

Key Executives for Whalsay Energy Limited

Chief Executive Officer and Executive Director
Age: 58
Finance Director, Company Secretary, Financial Controller and Executive Director
Operations Director and Executive Director
Executive Director
Age: 47
Business Development Director and Executive Director
Compensation as of Fiscal Year 2017.

Whalsay Energy Limited Key Developments

Whalsay Energy Limited expected to report First-Half, 2017 results on August 22, 2017. This event was calculated by Capital IQ (Created on August 16, 2017).

Whalsay Energy Limited expected to report First-Half, 2017 results on August 22, 2017. This event was calculated by Capital IQ (Created on August 16, 2017).

Xcite Energy Resources plc Reports Unaudited Earnings Results for the Six Months Ended June 30, 2016

Xcite Energy Resources PLC reported unaudited earnings results for the six months ended June 30, 2016. Loss from operations was $527,000 against $512,000 last year. Loss before taxation was $507,000 against $527,000 last year. Loss attributable to equity holders was $527,000 against $507,000 last year. Net cash flow used in operations was $427,000 against net cash flow from operations of $2,458,000 last year. Purchase of property, plant and equipment was $5,000. Additions to intangible assets were $4,281,000 against $4,856,000 last year.

Xcite Energy Resources plc Announces Resignation of Stephen Kew as Chief Operating Officer

Xcite Energy Limited announced the Stephen Kew has resigned as Chief Operating Officer of Xcite Energy Resources plc with immediate effect, but will remain as a director of Xcite Energy Limited, in a non-executive capacity. Steve's XER responsibilities will be taken up by Matt Bower, currently the Operations Director of XER, who has been with the Company since February 2012.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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