Centurion, which is already listed on the Toronto Stock Exchange, was introduced to AIM with the help of broker Williams de Broe. The company looks like one of the better-quality foreign resource companies to decide on a London listing due to its its history of profits and its growth prospects. Pre-tax profits hit C$10.9m (£4.8m) in 2002, up from C$5.9m, on revenues of C$34.3m from oil and gas sales from licences in Tunisia and Egypt. Net income (including tax costs) was C$6.5m and earnings per share doubled to C$0.1 (4.4p). In the first three months of this year net income was an even more healthy C$4.2m on an average 5,490 barrels of oil equivalent produced per day, with revenues of C$15m. Since then, the SEEB Power Facility, a joint venture with American giant Caterpillar, has come on stream, adding further revenues. The El Manzala South gas development in Egypt should start producing later this year, with the hope that total group production will be raised to the equivalent of 10,000 oil barrels a day. Beyond that Centurion wants to explore and develop prospects close to its present ones. It will probably be looking to tap AIM investors before long.