Melrose Resources PLC operates in the Crude petroleum and natural gas sector. Melrose Resources plc is an oil and gas exploration, development and production company with interests in Egypt, Bulgaria, Romania, United States, Turkey and France. Melrose has 100% interests in two concession areas in northern Egypt and a 40% interest in the Mesaha frontier exploration block in the south of the country. Melrose holds a 100% interest in the Galata Concession, offshore Bulgaria, in the shallow waters of the Black Sea. In June 2010, Melrose got two blocks, EX-27 Muridava and EX-28 Est Cobalcescu. During the year ended December 31, 2010, Egyptian West Dikirnis II development was completed; two exploration discoveries were done, which included South Damas and Kavarna East, and brought two important new gas fields onto production, Kaliakra and Kavarna, and drilled an exploration well, Kavar na East. During 2010, Melrose farmed-out part of its interest in the Rhone Maritime exploration concession to Noble Energy. In
our complete report available for purchase the company is compared to: Cairn Energy PLC, JKX Oil and Gas plc and Salamander Energy PLC.