Westmount Energy Limited
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Semi-annual Revenue
•
in mil. unless spec.Semi-annual Earnings Per Share
•
in mil. unless spec.Semi-annual Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Dermot Corcoran
- Full Time Employees
- - -
- Sector
- Finance
- Industry
- Investment managers
- Address
- Forum Two St. Helier United Kingdom JE1 4HH
- IPO Date
- Oct 2, 1995
- Website
- westmountenergy.com
- Similar Companies
- Business
- Westmount Energy Limited Westmount Energy Limited is an energy investment company focused on providing seed capital and follow-on funding to small and medium-sized enterprises with significant growth potential in the upstream oil and gas sector. The company invests primarily in the Guyana-Suriname Basin, an emerging hydrocarbon province adjacent to ExxonMobil's prolific Stabroek Block; its portfolio includes holdings in JHI Associates Inc., a private Canadian firm with a 17.5% participating interest in the offshore Canje Block, Guyana; Cataleya Energy Corporation, holding a 25% interest in the offshore Kaieteur Block, Guyana; Ratio Petroleum Energy Limited Partnership, with 25% in Kaieteur and 20% in offshore Block 47, Suriname; and Eco (Atlantic) Oil and Gas Ltd., carrying a 15% interest in the offshore Orinduik Block, Guyana. Incorporated in Jersey on 1 October 1992 and headquartered in Saint Helier, the company lists its shares on the UK AIM market under ticker WTE.L and targets exploration and production opportunities in high-impact emerging basins. Recent developments include the 2023 withdrawal of ExxonMobil and Hess from the Kaieteur Block, reassigning interests to Ratio Petroleum (50%, operator) and Cataleya (50%), with an ongoing farm-down process; a September 2024 buy-out offer to Ratio Petroleum from Ratio Energy Partnership Ltd at 0.35 NIS per share; JHI Associates' acquisition of the North Falklands Basin PL001 license; and as of 30 June 2025, Westmount's retained stakes of approximately 6.2% in JHI, 4.1% in Cataleya, plus positions in Ratio Petroleum and Eco (Atlantic).
Company News
Westmount Energy notes major Orange Basin developments
Westmount Energy cheers new discovery offshore Namibia
Westmount Energy says Guyana and Namibia are well positioned for rising industry investment
Westmount Energy investee notes significant progress in Venus light oil discovery
Westmount Energy portfolio company acquires licence
Oil and gas highlights: Westmount Energy, Arrow Exploration, IOG, Zephry and more
Westmount Energy buys into pipeline of catalysts at it takes shareholding in Africa Oil
Westmount Energy well capitalised, eyes Guyana drill decisions
Westmount Energy to participate in Cataleya transaction
Westmount Energy: JHI expands footprint with Argos deal
Westmount Energy encouraged ahead of next wave of exploration in Guyana-Suriname basin
Westmount Energy investee sees third non-commercial discovery offshore Guyana
Westmount Energy upbeat on Guyana exploration as industry seeks ‘advantaged barrels'
Westmount Energy upbeat about Guyana exploration as industry seeks ‘advantaged barrels'
Proactive weekly oil and gas highlights: ExxonMobil, Westmount Energy, Union Jack Oil.
Westmount Energy: Exxon kicks off Sapote-1 well offshore Guyana