Sagalio Energy Limited (ASX:SAN)

Engages in the exploration, evaluation, and development of petroleum resources in the central Asia.

About Us

Sagalio Energy Limited is an Australian-based company focused on the exploration and development of petroleum resources in Central Asia, primarily in the Kyrgyz Republic. The company is publicly listed on the Australian Securities Exchange and continues to work on its oil projects.

Company Overview

Sagalio Energy Limited, formerly known as FeOre Limited, is an Australian-based company specializing in the exploration, evaluation, and development of petroleum resources in Central Asia. Incorporated in 2011, the company has focused its efforts on oil projects within the Kyrgyz Republic. Headquartered in Causeway Bay, Hong Kong, Sagalio Energy Limited operates as a publicly listed entity on the Australian Securities Exchange under the ticker symbol SAN.

As of November 2024, Sagalio Energy Limited reported revenues of approximately AUD 726,000 and a net income loss of AUD 357,000. The company has faced financial challenges, including a decline in revenues and an increase in selling, general, and administrative costs, contributing to a larger net loss compared to the previous year. Despite these hurdles, Sagalio Energy Limited continues to pursue its strategic objectives in the energy sector, focusing on the development of its oil projects in the Kyrgyz Republic.

Board & Management

Louis Yang Luwu

Louis Yang Luwu

Chairman, Executive Director &Chief Executive Officer

Dr. Yang is a renowned leader with more than 20 years of experiences in the oil & gas industry in the PRC. Dr. Yang is a founder of Beijing Orion Energy Technology Development Co., Ltd., a top oil & gas service company in the PRC with over 1,000 employees, and the company was licensed by the PRC Central Government with Class-A certificates to operate in the oil & gas exploration and development businesses. The company has served Petro China, CNOOC and Sinopec for more than 16years. Dr. Yang was the founding CEO and president of Asian American Gas Inc., which currently produces more than 1 million cubic meters of natural gas per day. Dr. Yang holds a Doctorate degree in Geology from China University of Mining and Technology.

Zhang Baoliang

Zhang Baoliang

Executive Director

Mr. Zhang has over 15 years of experience in conventional oil and gas exploration and development and over 5 years of experience in unconventional oil and gas exploration and development. Mr. Zhang was previously a production manager at Petrochina Company Limited (HK:0857) responsible for the supervision of oil extraction of the Tianjin Dagang oil field project. Mr. Zhang graduated from the China University of Petroleum, majoring in petroleum engineering. Mr. Zhang is also currently the general manager of PEI LLC, a wholly-owned subsidiary of the Company which develops the projects in Kyrgyzstan.

Zheng Lu

Zheng Lu

Executive Director

Ms. Zheng has over 10 years of experience in the field of finance management, focusing in the oil and gas industry. Ms. Zheng was previously employed as a finance manager at China United CBM Corporation, Ltd and was part of the finance team under RG Petro-Machinery Group Co., Ltd. Ms. Zheng graduated with a bachelor’s degree from the China University of Petroleum specializing in Financial Management. Prior to Ms. Zheng’s appointment as executive director of the Company, Ms. Zheng has taken the position of Chief Financial Officer of PEI LLC, a wholly-owned subsidiary of the Company which holds the Kyrgyzstan projects.

Sagalio Energy Limited

Follow Sagalio Energy Limited

By submitting your information below you can keep up to date with their relevant news and announcements.

Fields marked with * are required.

Name(Required)

Cancel