Coro Energy plc, the Southeast Asian focused upstream oil and gas company is a mid-tier Exploration & Production company in the making. With three assets in the region and near term drilling (September 2019) James Menzies and his team have quickly established a footprint in South East Asia.
Attractive gas pricing, established infrastructure and a management team with excellent local experience makes Coro Energy an exciting prospect in the E&P sector.
Eco (Atlantic) Oil & Gas is an AIM and TSX-V listed oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia. Eco recently made significant oil discoveries on the Orinduik Block, offshore Guyana.
The Jethro-1 exploration well is a major oil discovery and Joe-1 is a play opening discovery. Additionally, with Repsol’s Carapa-1 well anticipated on the Kanuku Block and production drawing closer on ExxonMobil’s Stabroek Block, there is lot to watch out for in Guyana.
Eco is hoping to replicate these successes on its four Namibian licences, where it is currently reviewing growing inbound interest. With exploration drilling planned offshore Namibia by multiple oil majors in 2020, Namibia has the potential to be the world’s next oil hotspot.
Petro Matad (MATD) is a Mongolian oil explorer and has recently announced positive well testing results at its Heron-1 discovery in Eastern Mongolia.
Testing at Heron-1 revealed a peak flow of 821 barrels of oil per day (bopd) and the Company is now focused on applying for an Exploitation Licence in order to put the well on to production in 2020.
This is an exciting time for Petro Matad and its investors, as it transitions from a pure oil explorer to a producer with revenue generation, in a country that is looking to bolster its domestic oil production.
Nostra Terra Oil and Gas is an AIM-listed (LSE: NTOG) E&P company with production and development assets in the prolific Permian Basin in West Texas and the established East Texas region in the US.
The Company is currently producing oil in an area of good economics with the first well reaching pay-out in less than one year.
Nostra Terra’s strategy is to grow through acquisition as well as organically by drilling new wells on existing assets. Earlier this year, small-cap focused asset manager Miton Group acquired a 10% stake in the Company.
Nigel Cassidy, our regular event presenter, is a highly experienced financial host, writer and broadcaster – perhaps best known for his years presenting the business news on BBC Radio 4’s iconic Today programme, and for the time he spent on the road as a roving TV business correspondent for BBC World News. He also hosted Share Radio’s breakfast show.