Wellesley Petroleum is focused on hydrocarbon exploration in Norway. The Company has built a team of highly experienced industry.
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 prospectsAccessing a material acreage bank via licence rounds and new business initiativesPlanning and executing a sustainable drilling campaign of high ranked exploration targetsBuilding capacity and ensuring financial flexibility to take discoveries forwardWellesley’s Vision is to build a leading E&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.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 14, 2015 | Private Equity(PE) | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
![]() |
— | Private Equity(PE) |