Phoenix Global Resources plc
PGR.L
London Stock Exchange6.50
GBp
+0.25
- -
Phoenix Global Resources plc
PGR.L
(London Stock Exchange)
Recent
price
6.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Phoenix Global Resources plc (PGR.L) is an independent oil and gas company focused on exploration, development, and production activities in established hydrocarbon provinces. The company offers upstream services including seismic data acquisition and processing, geological and geophysical consulting, drilling operations, and production optimization; it also provides midstream solutions such as pipeline construction and gas processing facilities. Operations span Argentina, with key assets in the Neuquén Basin including the Vaca Muerta shale play, and extend to other Latin American regions for conventional and unconventional resource development; Phoenix targets energy majors, national oil companies, and independent operators as primary customers. Founded in 2005 and headquartered in London, United Kingdom, the company maintains subsidiaries for regional operations in South America. In the last two years, Phoenix Global Resources plc completed a strategic farm-out partnership with a major international oil company for expanded drilling in the Neuquén Basin, secured a $50 million funding round to support unconventional resource appraisal, and launched new seismic imaging technologies for enhanced reservoir characterization.