True North Energy TNEN · USD

Its shares trade under the ticker TNEN. It has been listed since 7 April 2005. In the fiscal year to 30 April 2021, it reported revenue of $5,420 and a net loss of $1.5m. At that date it held total assets of $1.6m and shareholders' equity of −$3.2m.

True North Energy Corp. engages in the identification, acquisition and development of oil and gas properties. The company is headquartered in Spring, Texas. The company went IPO on 2005-04-07. True North has been engaged in the acquisition, exploration, development and production of oil and gas properties in Alaska, Colorado and Texas. True North has acquired certain non-producing oil and gas interests and properties in northwest Colorado in an area covering approximately 17,000 acres. The firm holds approximately 100% working interest in the underlying oil and gas leases. The Company, through its TN Energy, Inc., holds overriding royalty interests on properties located in Colorado and Oklahoma. The firm holds an ownership interest in Marco Capital Limited (Marco Capital), to explore opportunities in various industries. Marco Capital holds an ownership interest in LeCrown Ltd., which is a fashion shoe icon.

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• Mr. Nicolo BedendoChief Executive Officer, Director, since 2016
• Mr. William SimmonsDirector, since 2016

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