Old world still has appeal for Nordic Energy

Nordic Energy, the investment vehicle focused on energy companies operating in the North Sea and in Northern Europe, has started trading on PLUS but with no assets to speak of other than cash at the moment, the investment appeal is strictly down to the reputation of directors Rudolf Kleiber and Patrick Rocholl.

By MoneyWeek

published 29 October 2012

in Features

Both Klebier and Rocholl have significant experience in the oil and gas sector, specifically in the Nordic region, and will look to make use of their extensive contacts to identify profitable opportunities in a politically stable part of the world where the infrastructure is already in place and the tax regimes are reasonably favourable.

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

"Shallow water depths and proximity to markets and infrastructure means that even small discoveries have a high value and can be quickly developed using standardised off-the-shelf platform designs that require relatively small investment," the company said.

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.