Oracle Power plc (ORCP.L) LSE

0.03

-0.0025(-6.85%)

Updated at December 24 11:55AM

Currency In GBp

Oracle Power plc

Address

53 Davies Street

London, W1K 5JH

United Kingdom of Great Britain and Northern Ireland

Phone

44 20 7152 6300

Sector

Energy

Industry

Coal

Employees

4

First IPO Date

April 20, 2011

Key Executives

NameTitlePayYear Born
Naheed MemonChief Executive Officer & Executive Director150,0001968
Nicholas LeeChief Financial Officer & Company Secretary55,000N/A
Nigel PickettTechnical Advisor0N/A

Description

Oracle Power plc engages in the exploration and development of coal in Pakistan. It is also involved in building a mine-mouth power plant. The company primarily holds interests in the Thar Block VI project that covers an area of approximately 9,100 square kilometers located in the Thar Province of Pakistan. In addition, it holds interest in the gold licenses, including Jundee East project that comprises 29 blocks covering and area of approximately 89.3 square kilometers; and the Northern Zone project, which covers an area of approximately 82 hectares located in Western Australia, as well as develops green hydrogen project in Pakistan. The company was formerly known as Oracle Coalfields PLC and changed its name to Oracle Power plc in June 2017. Oracle Power plc was incorporated in 2006 and is based in London, the United Kingdom.