Consultancy

Financing support

Crescus are pleased to announce that they have entered into an agreement with Crogga Limited to support the financing of their planned geophysical and drilling appraisal activities associated with known natural gas reserves offshore the Isle of Man.

 

Crogga Limited have developed a compelling business proposition to exploit the Island’s natural resources thereby benefitting the local community through the generation of highly skilled jobs and through the reduction in its dependency on imported gas.

 

Diccen Sargent, CEO of Crogga Limited commented on the agreement stated “We are very pleased to have partnered with Crescus Limited at this exciting time and to have the benefit of their in-depth offshore exploration experience as we implement our plans.”