The Parkmead Group announces increase in revenue for the six-month period ended 31 December 2013

March 2014
World Energy News;3/28/2014, p21
The article discusses the interim operational and financial results for the six-month period ended December 31, 2014 of The Parkmead Group, an oil and gas group focused on Great Britain and the Netherlands. It announces that the group has acquired of Lochard Energy Group PLC, and made new gas discoveries in the British Southern North Sea by the Pharos exploration well. It also reports a 395 percent revenue increase to 9.9 million British pounds and a maiden pre-tax profit of 3.1 million pounds.


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