| Name | Title | Contact Details |
|---|---|---|
Brian Carmichael |
Associate General Counsel, US IGU and | Profile |
Philippa Bounds |
Director of Legal | Profile |
Donny Ching |
Director of Legal | Profile |
Pamela Nelson |
Associate General Counsel | Profile |
Krista Johnson |
Head, US Government Relations | Profile |
Sunmart 109 is a Midland, TX-based company in the Energy and Utilities sector.
Parsley Energy, Inc. is a holding company. The Company is an independent oil and natural gas company. The Company focuses on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin. The Permian ...
Noble Group (SGX:N21) is a leading supply chain manager: we buy physical commodities and transform them into customised, consumable products that meet the requirements of our customers through (1) our logistics and transportation services (2) our price risk management and hedging services (3) our processing and blending capabilities and (4) our structured and trade financing solutions. Our core strategy is to be the best company in the world at moving the physical commodity from the producer to the consumer and managing the market, credit, and operational risk associated with that. We seek to be partners rather than competitors with our producer customers and with investors looking to invest in producing assets, with Noble supplying best-in-class execution at the most competitive price. Our most valuable assets are our network of relationships with our producers and consumer customers, our midstream supply chain assets and expertise, and our people who provide value-added services to our customers and clients. Our objective is to build long-term value for our shareholders, our partners, our customers and our people, with a sustainable global franchise and a focus on long-term supplier and customer relationships.
Our purpose is to assist in fueling North America’s energy requirements guided by relentless focus on our six imperatives. Honesty, integrity and commitment are vital to driving our growth and success. We maintain a high standard of business practices which translate into unparalleled value for our shareholders. To achieve our mission, we will conduct our business with these six responsibilities in mind: obey the law, stimulate economic growth, be environmentally responsible, expand opportunities for our employees, respect our vendors, and reward our shareholders. To date, the main focus of the Company has been the acquisition of low cost assets with significant development potential. The Piqua project in Kansas had been lightly developed when acquired, and its low-cost drilling and solid financial return is providing a repeatable and low-risk facet of the Company’s growth strategy. Drilling to date has been 100% successful with an average 10 months to payout of drilling expenses incurred. Reserve valuations have increased from less than $1.0 million to almost $3.0 million in the two years the Company has owned the property. The Bakken lands in Divide County, North Dakota, carry a steep development cost with wells ranging from $6.0-$8.0 million each. As a result, Legend has monetized the acreage while retaining a royalty interest, which allows the Company to continue to participate in the revenue generated through the drill bit, without any additional cost incurred. The royalty continues on the land indefinitely. As drilling on the acreage is still some time away due to priorities of the majority owners, the conversion of our interest to a royalty for Legend is currently unpredictable. Legend will participate in the revenue stream when the wells get drilled. As a non-operator, Legend will utilize the expertise and logistical capabilities of larger companies, without encumbering its balance sheet with expensive rig contracts and extraneous expenses. Legend’s Canadian acquisition affords it the opportunity to enjoy a stable production base coupled with an abundance of undeveloped land with access to a number of low-risk oil development projects. Although the Company has sold a number of smaller production properties, it still maintains a high working interest and solid production and revenue on its remaining assets. Due to saturated drilling around the Company’s Swan Hills property, reserves were drained before Legend could drill a well there. The Company was however able to monetize the small land position for a value in excess of $200,000 per flowing barrel.
Greco Haines Inc is a Derby, CT-based company in the Energy and Utilities sector.