Doriemus Plc (DOR)

Overview

Doriemus PLC is an oil and gas exploration and production company operating within the United Kingdom. Initially known as TEP Exchange Group PLC, the company underwent a name change to Doriemus PLC in July 2013. Since its inception in 1999, the company has been actively involved in the exploration and exploitation of oil and gas resources. It is headquartered in London, UK. Doriemus PLC has notably secured significant exploration and development licenses, including the Horse Hill petroleum exploration and development license, which encompasses areas close to Gatwick Airport in Surrey. This strategic positioning highlights the company's focus on exploiting the oil and gas potential within the region.

Products and Services

• Petroleum Exploration

Doriemus PLC engages in the exploration of petroleum resources, focusing on identifying viable reserves within its licensed territories. The exploration activities are underscored by strategic site selections, such as the locality near Gatwick Airport, aiming to discover substantial oil and gas deposits.

• Oil and Gas Production

Following the successful exploration and confirmation of oil and gas reserves, Doriemus PLC proceeds with the production phase. The company employs modern and efficient methods to extract oil and gas, ensuring a sustainable approach to its production processes.

• PEDL137 and PEDL246 Licenses

Doriemus PLC holds the Horse Hill petroleum exploration and development license, which encompasses two main licenses: PEDL137 and PEDL246. These licenses cover areas of 99.29 square kilometers and 43.58 square kilometers, respectively, located to the north of Gatwick Airport in Surrey. These licensed territories form the operational backbone of the company, facilitating both exploration and production activities.