History & Mission
Woburn Energy Plc is engaged in oil and gas exploration. The company was admitted to AIM in April 2001 as Black Rock Oil & Gas Plc. The company changed its name to Woburn Energy Plc in January 2009. Since that time it has been active in Australia, Colombia, the Republic of Ireland and the UK, and recently has disposed of its interests in the Las Quinchas Association Contract in Colombia. Following the completion of the Disposal of the Colombian assets, the Company will be an investing company under the AIM Rules.
After settlement of all outstanding liabilities, Woburn's share of the net proceeds will provide the Company with significant cash resources to pursue new investment opportunities in accordance with the Investing Policy and to provide working capital for the day-to-day business of the Company.
Investments may be made in all types of assets and there will be no investment restrictions.
The Company's primary objective is that of securing for the Shareholders the best possible value.
Last revised July 2012