Assets currently for sale

Investment Opportunities

Kyrgyzstan – Explorations

Our client is seeking a global energy company with a strong technical and management team, along with sufficient resources to capitalize this potentially very large opportunity.

The client has 9,900km2 of high potential exploration average, with very attractive fiscal terms. They have an in-country office and established infrastructure.

Production from in-country fields in the adjacent Fergana Basin exceeds 12B bbls oil and 5.5Tcf gas, since 1902. Much of this production was by the national oil company, Kygyzneftegas, from shallow biodegraded reservoirs. Several large structural leads have been identified.

Fiscally, the country has an attractive regime with low (10%) tax, 5.3% royalties, US$2.00/bbl excise, low work commitments, long tenure and a free market economy. Kyrgyzstan is a growing economy with strong foreign investments and currency exchange, and a stable government focussed on developing world class opportunities.

The stratigraphy of these licenses is very similar to those in the neighbouring basins. In particular the Tarim Basin (120 km to the south east of this acreage) has proven to be a prolific hydrocarbon producing area generating prodigious quantities of oil and gas.

Conservative economic modelling parameters, based on adjacent basin reservoir parameters, indicate traps with potential volumetrics ranging from 10 to over 100M bbls and Net Present Values (NPV @ 10%) between $12m and $1.2B.

Thailand – Development Exploration Potential

Our client has existing production and high potential exploration acreage in the Fang Basin. This onshore Basin covers an area of approximately 37 km by 15 km. The Basin has an excellent potential for the discovery of additional major oil and gas reserves based on the 2D and 3D seismic that has been shot over the Basin. These structures are similar to the known producing fields and have the potential to contain 630 million barrels of oil in place in the shallow horizons. Below 4000 ft. structures exist that may contain large volumes of oil or natural gas. There is exploration potential in the North and South Fang Basins and workover opportunities in the Central Fang Basin. Eight million barrels have been produced to date with substantial remaining potential. The near term work program is to workover and twin 10 more wells.

Coquille Bay Oil and Gas Field – workover/development

The field is located onshore Louisiana, and was shut until 18 months ago, awaiting infrastructure and workover repairs. There are a total of 14 wells, 3 of which are currently in production

Reserves estimated to be 0.5 mmbbls oil and 7 BCF gas. There is potential upside from bypassed reserves behind pipe. The expected production from all 14 wells is approximately 300 BOPD and 3 million CFGPD.