Oracle Coalfields PLC (ORCP)

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Company Description

Oracle Coalfields PLC was incorporated in England and Wales on the 5th July 2006. It is engaged in the exploration and development of lignite coal resources in Block VI in the Thar desert in the Sindh province in Pakistan through a commercial open cast mine supplying projected mine-mouth power stations. The exploration and development is carried out in Pakistan, but the Group is controlled, financed and administered within the United Kingdom. The Company has a joint venture agreement with Sindh Koela Limited for the exploration of coal through a project company, Sindh Carbon Energy Limited...