Lasmo plc was a British oil and gas exploration and production business. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.

History

The Company was founded in 1971 as London and Scottish Marine Oil (LASMO) to explore the

North Sea The North Sea lies between Great Britain, Denmark, Norway, Germany, the Netherlands, Belgium, and France. A sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian Se ...

.Lasmo falls to £2.4bn bid from Amerada Hess
The Independent, 7 November 2000 It struck oil in the Ninian Field in 1974 and was first listed on the London Stock Exchange in 1977. In the early 1990s it expanded its operations into

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian Ocean, Indian and Pacific Ocean, Pacific oceans. Comprising over List of islands of Indonesia, 17,000 islands, including Sumatra, ...

Algeria Algeria, officially the People's Democratic Republic of Algeria, is a country in the Maghreb region of North Africa. It is bordered to Algeria–Tunisia border, the northeast by Tunisia; to Algeria–Libya border, the east by Libya; to Alger ...

and

Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...

. It bought Ultramar plc in 1991 in a hostile takeover battle. It successfully fought off a hostile bid from Enterprise Oil in 1994. It expanded into

Venezuela Venezuela, officially the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and many Federal Dependencies of Venezuela, islands and islets in the Caribbean Sea. It com ...

in 1997 paying $453m for an interest in the Dacion Field. In 1999 it acquired Monument Oil & Gas for £460m. In 2001 it was acquired by Eni, who successfully outbid an initial offer from Amerada Hess.Eni swoops on Lasmo
BBC News, 21 December 2000

References

Non-renewable resource companies established in 1971 Companies formerly listed on the London Stock Exchange Defunct companies based in London Defunct oil and gas companies of the United Kingdom Energy companies established in 1971 1971 establishments in England {{UK-company-stub