IDENTIFY

We can help Identify opportunities
In Identify phase we make a conscious decision to identify exloration opportunities. In this phase we can help answer two question;
 
  1. Do we understand what we getting into?
  2. ​And should we spend resources in assessing it?.  

This requires two steps:

  1. Setting Up Venture

A business structure is created to conduct business and ensure partners & stakeholders are aligned. A business venture could be

  • Exploration (organic growth) :Acquisition of acreage for  economic exploitation of oil & gas 

  • New Business Development (inorganic) growth): Acquisition of a green​ or brown fields

2. Exploration

  • The main objective is to:

    • Acquire exploration acreage within license for potential hydrocarbon discovery,

    • Its economic development and production.

    • Exploration include

      • Basin evaluation

      • Plays identification

      • Lease-sales

      • Lead generation

      • Prospect maturation

      • Exploration well drilling

  • We can also help mature VOLUMES-TO-VALUE (V2V)  for exploration lifecycle

  • We can also provide External Technical Assurance Review (ETAR) for your opportunity

Exploration lifecycle.jpg