Antrim Energy Inc. is an oil and gas exploration and production company. Antrim’s production operations are centred in Argentina and its high impact oil and gas exploration is focused in the United Kingdom.
Antrim’s objective is to create significant wealth for its investors through the discovery, production and sale of oil and gas. Strong revenue generation coupled with strategic partnerships ensure that the Company maintains financial and operational growth.
Publicly listed in 1999, Antrim has grown from a small to a significant mid-sized explorer, recently reaching more than half a billion dollars in market capitalization.
Antrim is based in Canada with offices in Argentina and the United Kingdom. The Company is listed on the senior Toronto Stock Exchange under the symbol “AEN” and on the London Stock Exchange’s Alternative Investment Market under the symbol “AEY.”
Investment Highlights
- Proved and probable reserves increased 435%
- Oil and gas revenue grew 17%
- Oil and gas production increased 24%
- Average net gas production increased 51%
- Cash flow from operations grew 48%
Argentina
- Acquired 70% working interest in Medianera licence
- Acquired extensive 3-D seismic across all licences
- 18 of 19 wells drilled were successful and cased as potential producers
- Secured a two year drilling rig contract for Tierra del Fuego to commence Q2 2007
UK North Sea
- Significant Causeway discovery tested 14,500 bopd
- Secured project management team and drilling rig for 2007 multi-well program
- Acquired 75% working interest in Fyne and Dandy oil fields