Fortune Oil plc Company Profile

Fortune Oil plc

4/F Bowater House East
68 Knightsbridge
London SW1X 7LT
United Kingdom
Tel: 44/20/7589-2233
URL: http://www.fortuneoil.co.uk
Primary Symbol & Exchange:
FTO - Ordinary Shares - London
Industry:
Oil & Gas
+  SIC Industry Code:
+  NAICS Industry Code:
Mergers & Acquisitions:
Fortune Oil plc Mergers and Acquisitions
Thomson Financial Business Description:
The Group's principal activity is supplying and operating oil and gas infrastructure projects in China. It is a non-domestic company with a major interest in a crude oil import facility in China. The Group operates in four segments: Natural Gas, Single point mooring facility, Avaiation and Oil Trading Terminal & Office overhead. The Group has operations in the United Kingdom, People's Republic of China and Hong Kong. On 15-Jul-2008, the Group acquired 100% of the issued share capital of Xinyang Fortune Gas Company Limited and its subsidiaries. During 2008, the Group disposed of its 100% interest in subsidiaries in the Gas Holdings group and 15% of its wholly owned gas division, Fortune Gas Investment Holdings Limited.
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