MIRA INFORM
REPORT
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Report Date : |
25.01.2011 |
IDENTIFICATION DETAILS
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Name : |
DELTA PETROLEUM GROUP LTD |
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Registered Office : |
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Country : |
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Year of Establishment : |
2006 |
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Com. Reg. No.: |
C36035 |
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Legal Form : |
International Business Company |
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Line of Business : |
Offshore Company |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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Payment
Behaviour : |
---- |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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c1 |
c1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
GEOPOLITICS - SAINT
KITTS AND NEVIS
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POLITICAL DATA |
ECONOMIC DATA |
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Form of Government: Commonwealth Realm -
Parliamentary system
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Currency: USD |
IDENTIFICATION
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Ordered as: |
Delta Petroleum Group Ltd. |
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Address in the order: |
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Legal Name: |
Delta Petroleum Group Ltd |
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Legal Address |
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Telephone: |
NA |
Registration Number : |
C36035 |
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Fax: |
NA |
Legal Form: |
International Business Company |
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Email: |
NA |
Registered in: |
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Website: |
Date Created: |
- |
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Manager: |
NA |
Date Incorporated: |
2006 |
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Staff: |
0 |
Stock: |
NA |
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Value: |
NA |
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Activity: |
Offshore Company |
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BUSINESS
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PRINCIPAL ACTIVITY |
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Delta Petroleum Group Ltd is an International Business Company /
Offshore Company incorporated in However the company does not carry any operation in It is not registered with the It is not listed with the It is not listed with the major local credit bureaus. The company does not have any employee in It uses the registered agent staff. |
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Trade References: |
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In virtue of the nature of its business activities its local
transactions are seldom. Therefore, commercial sources consulted in the
marketplace report that they are unable to establish subject's payment performance
and general reputation regarding commitments contracted as same it is UNKNOWN as making use of credit facilities. |
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LOCATION |
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Headquarters |
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The address provided in the order is not complete enough for us to
identify the Registered Agent. Despite our long searches, it has not been possible to locate the
agent. |
Shareholders - Manager - Related Companies
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Shareholders Parent Company(ies): |
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The company is owned by foreign shareholders |
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Management: |
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It is locally managed by the registered agent. Although it shows representatives in other offices of the World. Thomas M
LaVanway Chairman to the Board PeterJohn
Wood President to the Board of Delta Petroleum Group Roger Parker Commercial
Director of Delta Petroleum Group |
Financials - COMMERCIAL TRENDS AND FORECAST
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As a private company the subject does not
publish any financial statements. |
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However our financial sources could
provide us with the following data. Those figures are estimates provided by
confidential banking and financial institutions working with the company. |
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Legal Fillings |
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The
sources consulted record no detrimental legal or labor court information. |
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Final Opinion |
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We are currently waiting for some
financial information from our banking sources. As soon as received we will send you a
completed report. Please keep in mind that the new
information may modify our current opinion |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.45.58 |
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1 |
Rs.72.79 |
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Euro |
1 |
Rs.62.01 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.