IONA ENERGY INC

IONA ENERGY INC

OOTC:IONAF
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Iain McKendrick
Full Time Employees
14
Sector
Energy minerals
Industry
Integrated oil
Address
333-7th Avenue SW Aberdeen AB United Kingdom T2P 2Z1
IPO Date
May 29, 2014
Business
Iona Energy Inc. evaluates, acquires, explores, and develops oil and gas properties primarily in the United Kingdom's North Sea and Alaska. The company holds interests in four crude oil development projects, including Huntington, Orlando, Kells, and West Wick; and the Trent & Tyne natural gas development project. Incorporated in 2009 and headquartered in Calgary, Canada, with operations through its subsidiary Iona Energy Co. (UK) Ltd. based in Aberdeen, United Kingdom, Iona Energy focuses on low-cost advancement of hydrocarbon discoveries in established basins. The company previously agreed to acquire a 33.33% stake in Blocks 42/20a, 42/25b, 43/16, and 43/21c of License P.2107 from Ithaca Energy (UK) Limited. No major funding rounds, partnerships, or operational expansions have been reported in the last 1-2 years.