Oracle Power plc (ORCP.L) LSE

Currency In GBp

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Oracle Power plc

Address

53 Davies Street

London, W1K 5JH

United Kingdom of Great Britain and Northern Ireland (the)

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
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Description

Headquartered in London, United Kingdom, and established in 2006, Oracle Power plc is actively engaged in the exploration and development of coal in Pakistan. The company is also pursuing the construction of a mine-mouth power plant. Its primary holding is the significant Thar Block VI project, an area of approximately 9,100 square kilometers located in Pakistan's Thar Province. Beyond coal, Oracle Power plc also possesses gold exploration licenses in Western Australia, specifically the Jundee East project (spanning 29 blocks and approximately 89.3 square kilometers) and the Northern Zone project (covering about 82 hectares). Furthermore, the company is advancing a green hydrogen project within Pakistan. Oracle Power plc adopted its current name in June 2017, having previously operated as Oracle Coalfields PLC.

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