Hague and London OIL PLC (03793723): administration
- Status
- Administration ended
- Administration began
- 2021-12-22
- Administrators' firm
- FRP Advisory
- Formerly
- Wessex Exploration PLC; Wessex Exploration Limited
- Incorporated
- 1999-06-22
- Location
- London
- Industry
- 06100 Extraction of crude petroleum
Why it went into administration
- COVID-19
- Cash flow / liquidity pressure
- Parent or group failure
- Energy costs
From the administrators' statement
The Company was incorporated on 22 June 1999. The principal activity of the Company was the exploration for, and production of, oil and gas. The Company acted as the parent company for other group entities which held the relevant licences to facilitate the production of oil and gas in relevant jurisdictions such as the UK, Holland and the Philippines.
The Company's registered office was 6 Charlotte Street, Bath BA1l 2NE. However, operations were not solely based at this address.
The Company operated with three directors, a company secretary who with the assistance of a third party, managed the day-to-day finances of the Company. Since September 2021, the Company employed one person who acted as the Company's Chief Executive.
Administrators' statement of proposals (2022-02-15) · Companies House register