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CanArgo Energy Corporation · St. Peter Port, Guernsey Channel Islands ·(NYSE Alternext: CNR)(Oslo: CNR)

Company Description

P.O. Box 291
St. Peter Port, Guernsey
GY1 3-RR
Channel Islands (Map)
Phone: +44-1481-729-980
Fax: +44-1481-729-982
    View CanArgo Energy Corporation Locations On A US MapThis link will open in a new window
    CanArgo make a go of it? CanArgo Energy, formerly Fountain Oil, is an independent oil and gas company that primarily acquires, develops, and exploits gas and oil properties in Eastern Europe. The main focus of CanArgo Energy is the Ninotsminda field in the Kura Basin in the Republic of Georgia, where the company's Ninotsminda Oil subsidiary operates a production-sharing venture with Georgian Oil. In 2008 CanArgo's shares of reported proved reserves at the Ninotsminda field stood at 1.3 million barrels of oil and 1.5 billion cu. ft. of natural gas equivalent. The company reported oil production from the field of 400 barrels a day and gas production of 49,000 cubic meters per day. To read the full description, subscribe now.
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    Key CanArgo Energy Corporation Financials

    Company TypePublic - NYSE Alternext: CNR - Oslo: CNR

    Single Location
    Fiscal Year-EndDecember
    2007 Sales (mil.)$7.2
    2007 Employees150

    CanArgo Energy Corporation Executives

    5 executives listed for CanArgo Energy Corporation's St. Peter Port, Guernsey location.
    TitleName & BioContact
    Chairman, President, CEO, COO, and Chief Commercial OfficerVincent McDonnellNetwork
    CFO, Secretary, and DirectorJeffrey WilkinsNetwork
    DirectorAnthony PerryNetwork

    Competition

    Competitive Landscape for CanArgo Energy Corporation
    Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.
    Top CanArgo Energy Corporation Competitors
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