“A Value Creator in the International Petroleum Business”

Virgin Resources Limited is a private international exploration and production company incorporated in Alberta, Canada. Virgin has an experienced international team with an excellent track record of creating value. This team performed a global search to identify the best oil and gas opportunities that were ready to drill, located near existing infrastructure (for early onstream production) and deliver maximum value to shareholders.

Virgin's search revealed exceptional exploration opportunities in the Republic of Yemen which are well matched to the team's experience and past success. Virgin has a small highly experienced staff which will provide cost efficient operations. Virgin required the team to invest their own money into the company and to take lower than market salaries to maximize alignment with investors.