Operations

Ramco has exploration assets in Ireland and Montenegro and is currently evaluating other frontier exploration and oil services deals. Ramco’s overriding objective is to achieve attractive and sustainable rates of growth and returns through a combination of organic growth and acquisitions. There are three key elements to the Ramco’s current strategy. They are:

To unlock value in the Lansdowne subgroup by pursuing farm-out agreements and by identifying and exploiting new exploration and appraisal opportunities in the Irish and UK Continental shelves.
To secure near-term cash inflows through the acquisition of revenue generating operations.
To fund acquisition growth and new development projects through a combination of new equity finance and project finance in a manner appropriate to the capital intensive nature of, and risks inherent in, the energy business.