Star Energy
Encyclopedia
Star Energy is a British onshore
Onshore (hydrocarbons)
Onshore, when used relative to hydrocarbons, refers to an oil, natural gas or condensate field that is under dry land or to activities or operations carried out in relation to such a field.-References:* *...

 oil exploration company. It is the second largest onshore oil company in the UK after BP
BP
BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...

.

History

It was formed in October essentially as a management-buyout of operations in the Weald Basin, acquired from Soco International. The buyout was funded by European Acquisition Capital.

In June 2000, it expanded when it acquired the assets of Roc Oil
Roc Oil Company Limited
Roc Oil Company Limited is an independent international petroleum company based in Sydney, Australia. The company was established in 1997 as a privately owned company. In 1999, the company went public by acquiring $150 million in IPO at Australian Stock Exchange. In 2004, the company got listed on...

 in the East Midlands Oil Province
East Midlands Oil Province
The East Midlands Oil Province, also known as the East Midlands Petroleum Province, covers the petroliferous geological area across the north-eastern part of the East Midlands of England that has a few small oil fields...

.

In May 2004 it became a public company, listed on the Alternative Investment Market
Alternative Investment Market
AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....

 (AIM). In August 2005, it bought Pentex Oil, and increased its portfolio greatly in the East Midlands. These fields are based near Welton, Lincolnshire
Welton, Lincolnshire
Welton is a village and civil parish seven miles north of the city of Lincoln in the county of Lincolnshire, England, and the district of West Lindsey...

 at Reepham
Reepham, Lincolnshire
Reepham is a small village in Lincolnshire, England, 5 miles north east of Lincoln, and lies in the district of West Lindsey. Approximately 1250 people populate the village....

, near its railway station
Reepham railway station (Lincolnshire)
Reepham railway station was a railway station in Reepham, Lincolnshire which closed in 1965. It was located a few miles east of Lincoln. It should not be confused with Whitwell & Reepham railway station or Reepham railway station both in Norfolk. The line is still in use.The station's building is...

.

In November 2005 it opened its first gas storage facility at the depleted Humbly Grove oil field, near Lasham
Lasham
Lasham is a small village and civil parish in the East Hampshire district of Hampshire, England. It is northwest of Alton, just off the A339 road. The nearest railway station is Alton, southeast of the village....

 in Hampshire
Hampshire
Hampshire is a county on the southern coast of England in the United Kingdom. The county town of Hampshire is Winchester, a historic cathedral city that was once the capital of England. Hampshire is notable for housing the original birthplaces of the Royal Navy, British Army, and Royal Air Force...

. On 7 March 2008, it de-listed from the AIM stock market, becoming subsidiary of Petronas
Petronas
PETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and...

.

In April 2009 it bought Marathon Oil
Marathon Oil
Marathon Oil Corporation is a United States-based oil and natural gas exploration and production company. Principal exploration activities are in the United States, Norway, Equatorial Guinea, Angola and Canada. Principal development activities are in the United States, the United Kingdom, Norway,...

 Ireland Ltd.

Geothermal energy

Star Energy is the owner of the Wayang Windu Geothermal Power Station
Wayang Windu Geothermal Power Station
The Wayang Windu Geothermal Power Station is the largest geothermal power station in Indonesia. The facility utilizes two units, one with 110 MW and the other with 117 MW, totalling the installed capacity to 227 MW. The power station is located near the town of Pangalengan, 40 km...

, the largest geothermal
Geothermal power
Geothermal energy is thermal energy generated and stored in the Earth. Thermal energy is the energy that determines the temperature of matter. Earth's geothermal energy originates from the original formation of the planet and from radioactive decay of minerals...

 power station in Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...

. It is operated by Magma Nusantara Limited (MNL), a wholly owned subsidiary of Star Energy.Star Energy: Wayang Windu, retrieved 21 August 2010

Structure

It is based on the Strand
Strand, London
Strand is a street in the City of Westminster, London, England. The street is just over three-quarters of a mile long. It currently starts at Trafalgar Square and runs east to join Fleet Street at Temple Bar, which marks the boundary of the City of London at this point, though its historical length...

 (A4), between Nelson's Column
Nelson's Column
Nelson's Column is a monument in Trafalgar Square in central London built to commemorate Admiral Horatio Nelson, who died at the Battle of Trafalgar in 1805. The monument was constructed between 1840 and 1843 to a design by William Railton at a cost of £47,000. It is a column of the Corinthian...

 and Charing Cross station
Charing Cross railway station
Charing Cross railway station, also known as London Charing Cross, is a central London railway terminus in the City of Westminster, England. It is one of 18 stations managed by Network Rail, and trains serving it are operated by Southeastern...

 in the City of Westminster
City of Westminster
The City of Westminster is a London borough occupying much of the central area of London, England, including most of the West End. It is located to the west of and adjoining the ancient City of London, directly to the east of the Royal Borough of Kensington and Chelsea, and its southern boundary...

.

Divisions

Star Energy Group Ltd is the main company based in London, but it also has nine other smaller companies which house its operations, which include
  • Star Energy Weald Basin Ltd, based at the Humbly Grove facility, and includes the fields of Humbly Grove, Herriard
    Herriard
    Herriard is a village and civil parish in Hampshire, England, situated between Alton, and Basingstoke. At the 2001 census it had a population of 247...

    , Singleton
    Singleton, West Sussex
    Singleton is a village and civil parish in the Chichester district of West Sussex, England. It lies in the Lavant valley, north of Chichester on the A286 road to Midhurst.The village name is derived from the Anglo-Saxon 'sengel', which means "burnt clearing"....

    , Storrington
    Storrington
    Storrington is a village in the Horsham District of West Sussex, England, and one of two in the civil parish of Storrington and Sullington. Storrington lies at the foot of the north side of the South Downs. As of 2006 the village has a population of around 4,600. It has one main shopping street...

    , Horndean
    Horndean
    Horndean is a village and civil parish in the East Hampshire district of Hampshire, England. It is 8 miles north of Portsmouth.The nearest railway station is 2.2 miles southeast of the village at Rowlands Castle....

    , Palmers Wood, Bletchingley
    Bletchingley
    Bletchingley is a village in Surrey, England. It is on the A25 road to the east of Redhill and to the west of Godstone.-History:The village lay within the Anglo-Saxon administrative division of Tandridge hundred....

     and Albury
    Albury, Surrey
    Albury is a village and civil parish in the borough of Guildford in Surrey, England, about south-east of Guildford town centre. The village is within an Area of Outstanding Natural Beauty and Site of Special Scientific Interest....

    .
  • Star Energy (East Midlands) Ltd, based at the Welton Gathering Centre and operates the fields of Welton, Stainton
    Stainton by Langworth
    Stainton by Langworth is a hamlet and civil parish along the A158 between Lincoln and Wragby, in the district of West Lindsey, in the county of Lincolnshire, England...

    , Nettleham
    Nettleham
    Nettleham is a large village and civil parish within the West Lindsey district of Lincolnshire, England.-Geography:It is located four miles north-east of the city of Lincoln between the A46 and A158, and has a total resident population of 6,514....

    , Cold Hanworth
    Cold Hanworth
    Cold Hanworth is a village in the civil parish of Hackthorn, in the West Lindsey district of Lincolnshire, England. It is situated 7 miles north-north-east of Lincoln, just north of the A46....

    , Scampton
    Scampton
    Scampton is a village and civil parish in the West Lindsey district of Lincolnshire, England. Included in the parish is RAF Scampton. It is north of Lincoln just off the A15...

    , Scampton North, and Eskdale.
  • Star Energy Oil and Gas Ltd, based near Gainsborough
    Gainsborough, Lincolnshire
    Gainsborough is a town 15 miles north-west of Lincoln on the River Trent within the West Lindsey district of Lincolnshire, England. At one time it served as an important port with trade downstream to Hull, and was the most inland in England, being more than 55 miles from the North...

    , and operates the fields at Beckingham, Egmanton
    Egmanton
    Egmanton is a small village located one mile south of Tuxford and one mile north of Laxton in Nottinghamshire, England. The name derives from the Old English words for Ecgmund's farm/settlement.The nearest larger towns are Retford and Newark-on-Trent...

    , Corringham
    Corringham, Lincolnshire
    Corringham is civil parish within the West Lindsey district of Lincolnshire, England. It comprises the two contiguous villages of Great Corringham and Little Corringham and has a total resident population of 430...

    , Glentworth
    Glentworth, Lincolnshire
    Glentworth is a village and civil parish in the West Lindsey district of Lincolnshire, England. It lies about north from Lincoln and south-west from Caenby Corner....

    , East Glentworth, Rempstone
    Rempstone
    Rempstone is a village and civil parish in the Rushcliffe district of Nottinghamshire,although its closest town and postal address is Loughborough across the border in Leicestershire. It is situated at the crossing of the A60 and A6006 roads. It has no schools...

    , Long Clawson
    Long Clawson
    Long Clawson is a small village in Leicestershire, England.There is some debate about the origin of the village's name; one theory is that there were once two villages named Clawson and Claxton, which grew together and became Long Clawson...

    , Bothamstall, and South Leverton
    South Leverton
    South Leverton is a village and civil parish in Bassetlaw, north Nottinghamshire, England, four miles from Retford. According to the 2001 census it has a population of 478.-Geography:...

    .

External links

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