Imperial Energy

Imperial Energy, founded in 2004, is an upstream oil exploration and production company focused on the Russian Federation. The company started as an independent medium-sized oil producer and quickly gained controlling stakes in four license-holding companies, securing exploration acreages in the Tomsk area of Western Siberia and Kazakhstan. Notably, the company discovered 7 new fields in the Tomsk region, transforming from a junior exploration company to an exploration and production organization. In 2004, Imperial Energy listed its shares on London’s AIM exchange and later moved to the main LSE market, becoming a constituent of the FTSE 250 Index. The company's international presence and strategic growth attracted ONGC Videsh Limited (OVL), the overseas arm of Oil and Natural Gas Corporation (ONGC), India's flagship National Oil Company. OVL acquired Imperial Energy in January 2009, leading to its delisting from LSE in March 2009. Imperial Energy operates in the industries of energy, clean energy, and oil and gas, showcasing its diverse portfolio. The company's successful trajectory, from early exploration to acquisition by a global giant, demonstrates its resilience and attractiveness to investors.