Melrose Resources plc is an oil and gas exploration and production company with interests in Bulgaria, Egypt and the United States. Melrose has a balanced portfolio of producing assets, development projects and exploration interests. Melrose was founded in 1997 and listed on the London Stock Exchange in December 1999.

The Company's strategy is to take large equity positions in upstream assets that offer the potential to significantly increase shareholder value. The Company’s activities range from "wildcat" exploration, through new field developments to enhanced recovery projects. The Company has proven plus probable reserves of 40 million boe. Daily net production is expected to be in excess of 10,000 boe per day in 2004 when new fields are brought onto production in Egypt and Bulgaria