Solo Oil
Solo Oil (legal name Scirocco Energy Limited) was a London-listed public investment vehicle holding direct and indirect interests in oil and gas exploration, development, and production assets. The company entered Members Voluntary Liquidation on 10 July 2024 and is no longer operating.
- Company typePublic
- Founded2009
- HeadquartersLondon, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Solo Oil does
Solo Oil, now legally known as Scirocco Energy Limited, was an investment company with direct and indirect interests in the exploration, development, and production of oil and gas assets. Founded in 2009 and headquartered in London with a registered office in Edinburgh, the company operated as a small public vehicle (1-10 employees) listed on the London Stock Exchange under the symbol SOLO, focused on building and managing a portfolio of upstream oil and gas interests.
The company's business model centered on acquiring and holding minority or majority stakes in upstream oil and gas projects, generating returns through production revenues, asset appreciation, and divestitures. It did not develop proprietary technology, software, or branded consumer products; its principal assets were resource rights and equity stakes in exploration and production ventures. Investor relations were maintained through a dedicated website and email alert signups, with periodic announcements disclosing portfolio and corporate developments.
On 10 July 2024, at a General Meeting, shareholders passed resolutions to place the company into Members Voluntary Liquidation, appointing Chad Griffin and Callum Angus Carmichael of FRP Advisory Trading Limited as joint liquidators. Since that date, the company has ceased operating as a going concern, with statutory communications and asset realization handled by the liquidators. The entity continued to publish periodic updates through at least July 2025, confirming the liquidation remained in progress. The website URL now resolves to Scirocco Energy branding, reflecting the corporate rebrand prior to wind-down.
Solo Oil firmographics
Firmographics- Name
- Solo Oil
- Legal name
- Scirocco Energy Limited
- Website
- https://solooil.co.uk
- Company type
- Public
- Founded year
- 2009
- Operating status
- Closed
- Headcount range
- 1–10 employees
- Short description
- Solo Oil (legal name Scirocco Energy Limited) was a London-listed public investment vehicle holding direct and indirect interests in oil and gas exploration, development, and production assets. The company entered Members Voluntary Liquidation on 10 July 2024 and is no longer operating.
- Ownership category
- akta.pro rank
Where Solo Oil is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Solo Oil business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Marketing channels1 record
Solo Oil product offering
Product offeringCore offering
Solo Oil (legal name: Scirocco Energy Limited) is an investment company that holds direct and indirect interests in the exploration, development, and production of oil and gas assets. The company's activities were centred on deploying capital into upstream oil and gas opportunities. As of 10 July 2024, the company is in Members Voluntary Liquidation, with Chad Griffin and Callum Angus Carmichael (both of FRP Advisory Trading Limited) appointed as Joint Liquidators to wind up the company's affairs.
Differentiator
Problem solved
Functional benefit
Products and services
- Equity investment in Scirocco Energy Limited (Solo Oil)
Companies that use Solo Oil
Customer profileIdeal customer profiles1 record
Solo Oil technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Solo Oil partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights1 record
Solo Oil competitors and assessment
Company assessmentDirect peers
- Tower Resources: AIM-listed oil and gas exploration company with upstream interests in Africa. Comparable to Solo Oil in being a small UK-listed E&P investor/operator pursuing minority or carried interests in upstream projects.
- Block Energy: AIM-listed upstream oil and gas company focused on Georgia and the UK. Closely comparable in scale, UK-listed micro-cap E&P investor profile, and upstream-focused mandate.
- Mosman Oil and Gas: AIM-listed micro-cap focused on acquiring, exploring, and developing oil and gas assets, predominantly in the US. Shares Solo Oil's investment-company-style approach to upstream interests and similar small-cap LSE/AIM market dynamics.
- United Oil & Gas: AIM-listed upstream oil and gas company with producing, development, and exploration assets. Comparable to Solo Oil in the small-cap UK-listed E&P investor/operator category with similar market-cap scale.
- Baron Oil: AIM-listed small-cap with direct and indirect interests in upstream oil and gas exploration and appraisal. Closely comparable to Solo Oil in business model (minority/operator stakes in E&P projects), scale (sub-£10m market cap territory), and UK-listed micro-cap positioning.
- Pantheon Resources: AIM-listed E&P company focused on upstream oil and gas assets in Alaska and Texas. Comparable as a small-cap UK-listed pure-play upstream investor/operator with direct interests in exploration and development.
Broad incumbents
- Tullow Oil: LSE-listed mid-cap independent E&P company with global upstream oil and gas interests. Comparable in upstream investment focus, but operates at substantially greater scale and as an operator rather than a minority investor.
- EnQuest: LSE-listed independent upstream oil and gas producer focused on the UK North Sea. Comparable in the broader LSE-listed upstream E&P category, but at materially larger scale than Solo Oil.
- Genel Energy: LSE-listed (formerly AIM-listed) upstream oil and gas producer with operations in the Kurdistan Region of Iraq. Comparable in being a UK-listed investment-vehicle-style upstream E&P, but operating at a larger scale than Solo Oil.
Regional players
- Hindustan Oil Exploration Company: India-listed small-cap upstream E&P and oilfield services company. Comparable in being a small-cap upstream investment vehicle, but primarily serves the Indian geography rather than the UK/AIM market Solo Oil operated in.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat1 record
Key risks5 records
Key highlights3 records
Customer concentration
Solo Oil social profiles
Digital presenceSolo Oil financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solo Oil leadership team
Management profileNumber of profiles
Profiles2 records
Solo Oil funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solo Oil M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Solo Oil
What does Solo Oil do?
Solo Oil (legal name: Scirocco Energy Limited) is an investment company that holds direct and indirect interests in the exploration, development, and production of oil and gas assets. The company's activities were centred on deploying capital into upstream oil and gas opportunities. As of 10 July 2024, the company is in Members Voluntary Liquidation, with Chad Griffin and Callum Angus Carmichael (both of FRP Advisory Trading Limited) appointed as Joint Liquidators to wind up the company's affairs.
Is Solo Oil a public or private company?
Solo Oil is a public company. It is classified as public and is currently closed.
When was Solo Oil founded?
Solo Oil was founded in 2009. It employs 1 to 10 people.
Where is Solo Oil based?
Solo Oil is headquartered in London, United Kingdom, in the Europe region.
Who are Solo Oil's main competitors?
Direct peers on record are Tower Resources, Block Energy, Mosman Oil and Gas, United Oil & Gas, Baron Oil and Pantheon Resources. Broad incumbents are Tullow Oil, EnQuest and Genel Energy. Hindustan Oil Exploration Company is listed as a regional player.
Does Solo Oil have an API?
No public API is recorded for Solo Oil.