_Welcome to

PHOENIX OEL AG is a young and dynamic company, which in May 2000 was incorporated as a privately owned oil and gas E&P company under German law.

Strategies

- To access to proven but yet undeveloped oil and gas reserves, by taking advantage --of privatisation and other divestment opportunities.
- To unlock value by creative re-negotiations and imaginative financial schemes.
- To create value as a low-cost and efficient operator, relying as much as
--possible on local high-calibre professionals and local services whilst maintaining
--international standards.
Ambitions

- To become an established operator in terms of efficiency
--and low cost operation.
- To become recognised for achievements with regard to
--the transfers of technologies and development of local
--professionals.
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© by PHOENIX OEL AG 2001 / All rights reserved