North Africa and the Eastern Mediterranean - an exploration "Spring"?

or are we headed into deepest "Winter" 0

Tuesday, February 12, 2013, London, The Geological Society

What exploration opportunities are there in North Africa, from Morocco via Algeria and Libya to Egypt?

Below ground, these countries show different stages of exploration maturity.

Offshore Morocco has been quite active in leasing terms recently and is perceived as a Frontier province.

Algeria has ‘always been open’ and now most plays and basins look quite Mature in exploration terms.

For Libya, one would say that the Offshore is also a Frontier province. Onshore, whilst there is a long history of exploration and production, not all the significant basins have been equally explored, and there is a case to agree that exploration has, for the past several decades, not benefitted from the latest technologies.

Similarly to Algeria, Egypt has ‘always been open’ and most plays look quite Mature in exploration terms, although again there is a case that some modern technologies still have a role to play – for example sub-salt imaging in the Gulf of Suez and Full Tensor Gravimetry onshore.

And the Eastern Mediterranean Frontier has seen considerable excitement in the last year or two, with major - in fact, huge - gas discoveries; an 'exploration Spring' is well under way.

Above ground, of course there are some significant issues to contemplate, in particular with political and security stability still to result in Libya and Egypt in the wake of the ‘Arab Spring’.

This Forum will examine whether or not we should anticipate an imminent ‘exploration Spring’ in the region, in particular whether further large discoveries can be foreseen, and if so, where?

Agenda

9:00 Arrivals and Registration. Tea & Coffee

9:30

David Bamford - Director - Finding Petroleum

Welcome & Introduction



David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.

He was on the board of Premier Oil from May 2014 to May 2016.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.

From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

Finding Petroleum
Finding Petroleum was established to help the oil and gas industry network, and stay up to date on the latest technological developments. It does this via hosting regular events and with an online social network of nearly 10,000 members.
9:40

Oswald Clint - Senior Analyst - Bernstein Research

North Africa - production, exploration and issues


Dr Clint joined Sanford C. Bernstein in 2004 and was part of the Energy Team with Neil McMahon covering the Global Integrated Oil sector.

Currently he is the Senior Research Analyst covering the European E&P and Russian Oil & Gas sectors. The Bernstein Energy franchise has become well known due to both the provocative commentary on the commodities and oil stocks, as well as the innovative research that forms the core of their frequent publications. Previously, he worked as an accountant and consultant for KPMG covering energy, gas, and chemical sectors. Dr Clint received his PhD in Geophysics from University College London where he specialised in sub-surface rock physics and is also a Chartered Accountant.

Bernstein Research
Sanford C. Bernstein is widely recognized as Wall Street's premier sell-side research firm. Their research is sought out by leading investment managers around the world, and they are annually ranked at the very top of acknowledged arbiters. In independent surveys of major institutional clients, Bernstein's research is ranked #1 for overall quality, industry knowledge, most trusted, best detailed financial analysis, major company studies, most useful valuation frameworks, best original research, and most willing to challenge management. In Institutional Investor's 2008 annual client survey, the leading survey by which analysts in our industry are evaluated, 100% of our U.S. Analysts were recognized as among the best in their respective fields -- more than any other firm on Wall Street.
10:15

Matt Luheshi - Director - Leptis E & P

E&P in Libya following the revolution


Leptis E & P
10:50 Coffee & Tea

11:15

Neil Hodgson - Executive Vice President Mediterranean and Middle East Region - Spectrum

The Hydrocarbon Case for Lebanon


Dr Neil Hodgson joined Spectrum in June 2012, having previously worked for BP, BG and Premier Oil at a number of Exploration Geology roles over a 25 year career. His last role prior to joining Spectrum was as Exploration Director for Matra Petroleum. Neil is focussed on developing the understanding of hydrocarbon plays in the areas of Spectrum’s Library, and finding new ways for Spectrum to do business. He manages Spectrum’s Geology, Geophysics and GIS technology team located in the UK office.

Spectrum
Spectrum is established as a key player in the seismic services market. The company focuses on delivering high-quality Multi-Client seismic data and holds the world's largest 2D offshore library.

Spectrum is among the seismic industry's fastest growing companies. The Spectrum group provides innovative Multi-Client seismic surveys and high quality Seismic Imaging services to the global oil and gas industry from offices in the USA, Norway, UK, Brazil, Australia, Indonesia and Singapore.
11:50

Henry Jones-Davies - Managing Director - LPD Risk Management Ltd

After In Amenas - Risk and Security in North Africa


LPD Risk Management Ltd
LPD Risk Management Ltd assists organisations recognise and mitigate a wide range of political, social and security risks. We help manage the causes of security breakdown by delivering integrated, ethical and cost-effective prevention strategies.

LPD has unrivalled experience, particularly in high-risk environments. Our three founding Directors and Chief Operating Officer have more than 150 years practice between them and have worked in over 70 countries. LPD works with associated specialist partners and a global network of knowledgeable consultants.

On behalf of our clients we seek to achieve common purpose with host governments, local communities, NGOs, regional investors and stakeholders in the development and implementation of sustainable and holistic risk management strategies.

We have extensive experience implementing the United Nations Guiding Principles for Business and human rights ("The Ruggie Principles") and the practical application of the Voluntary Principles on Security and Human Rights.
12:30

David Bamford - - New Eyes Exploration

The New Eyes panel discussion - where to go/what to do in this region? (Click '+' below for details)

Talk Description.
Our panellists will be:
Neil Ritson, CEO of Leni Gas and Oil
Greg Coleman, MD of Petromall
Terry Quinn, Manager (EAME Region) of Geokinetics

I will pose two questions to begin with:
What are the best opportunities in the region?
Can we work there?
and then open a Q&A sesion.
David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.

He was on the board of Premier Oil from May 2014 to May 2016.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.
From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

New Eyes Exploration
New Eyes Exploration, founded by David Bamford, explores new ways to discover Oil and Gas.
13:00 Raffle prize draw, followed by buffet lunch & refreshments

Sponsors of this event

Dutch Geoconsultancy
Dutch Geo-consultancy, well known in the industry simply as Dutch Geo is a consultancy firm specializing in providing experienced petroleum industry project management, and supervision for your exploration programs.

We specialize in delivering well known, highly skilled, individuals and, or complete teams of personnel, for your oil and gas projects world wide. Dutch Geo can supply a wide variety of field tested industry consultants with a focus on Seismic QC, Health Safety and Environment Advisors (HSE), Survey QC, and Driving instruction. Where ever your project is in the world………Dutch Geo can help.

Spectrum
Spectrum is established as a key player in the seismic services market. The company focuses on delivering high-quality Multi-Client seismic data and holds the world's largest 2D offshore library.

Spectrum is among the seismic industry's fastest growing companies. The Spectrum group provides innovative Multi-Client seismic surveys and high quality Seismic Imaging services to the global oil and gas industry from offices in the USA, Norway, UK, Brazil, Australia, Indonesia and Singapore.

RPS Energy
RPS Energy provides a range of technical, commercial and project management support services to the international energy industry, covering geoscience, engineering and HS&E, with offices around the world.

Bernstein Research
Sanford C. Bernstein is widely recognized as Wall Street's premier sell-side research firm. Their research is sought out by leading investment managers around the world, and they are annually ranked at the very top of acknowledged arbiters. In independent surveys of major institutional clients, Bernstein's research is ranked #1 for overall quality, industry knowledge, most trusted, best detailed financial analysis, major company studies, most useful valuation frameworks, best original research, and most willing to challenge management. In Institutional Investor's 2008 annual client survey, the leading survey by which analysts in our industry are evaluated, 100% of our U.S. Analysts were recognized as among the best in their respective fields -- more than any other firm on Wall Street.

New Eyes Exploration
New Eyes Exploration, founded by David Bamford, explores new ways to discover Oil and Gas.

PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

Petromall was founded by 4 senior industry and academic practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in the high cost provinces of the world, in order to maintain an industry that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

Petromall actively participates in the facilitation and conduct of seminars worldwide, in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, Malta, the USA, through partners in the Middle East, North Africa and Sub-Saharan Africa.

Registered Delegates

Stuart Amor
Analyst

United Kingdom
Terry Quinn
Head of Marketing - EAME
Geokinetics Processing Inc.
United Kingdom
Cheryl Burgess
Director General
Pipeline Industries Guild
United Kingdom
Danny Ghale
Business Development
1Derrick
United Kingdom
Alexander Chalke
Partner
Grosvenor Clive & Stokes
United Kingdom
John Balch
Multi-Client New Ventures Manager
Polarcus
Hugh Ebbutt
Director
A T Kearney
United Kingdom
James Cockings
Consultant Petroleum Geologist
Gulfsands Petroleum
United Kingdom
Chris Newton
Sales Manager
Polarcus UK Ltd
United Kingdom
Dan Hughes
Key Account Manager, Oil & Gas Division
Airbus Defence and Space
Michael Green
Geological Advisor
Gulfsands Petroleum PLC
United Kingdom
Peter Rattey
Director
PR Exploration Ltd
United Kingdom
Ben Pleasant
Graduate Trainee in Sales and New Ventures
ARKeX
United Kingdom
IAN CONWAY
Vice President
Gulfsands Petroleum PLC
United Kingdom
Josh King
Analyst
RAB Capital
United Kingdom
Eleanor Murtagh
Graduate
Arkex
United Kingdom
Andrew Trelawny
General Manager Algeria
Hermes Datacommunications
United Kingdom
Erik Woolgar
Director
Ragnar Capital
Kate Garratt
Head of Energy
Aspectus
United Kingdom
Jayson Marks
Partner
Holman Fenwick Willan
United Kingdom
Nick Bright

Retired
United Kingdom
David Craik
Consultant
Atlaslocal
United Kingdom
David Jenkins
Director
Hurricane Energy plc
United Kingdom
Robert Snashall
Consultant
RGSConsult
United Kingdom
Kris Hicks
Chief Operating Officer
AVA Energy
United Kingdom
Luke Wilson
Consultant
Hydrogen Group
United Kingdom
Patrick Taylor
Director
RISC (UK) Limited
United Kingdom
Nicki McClean
Head of Geoscience
AVA Energy
United Kingdom
Georgi Tonchev
Strategy Analyst
Hydrogen Group Plc
United Kingdom
Paul Board
Business Development Manager
Robertson (A CGG company)
United Kingdom
Bernard Wayne
Chief Geophysicist
Azimuth
United Kingdom
Lee Shorter
Business Development Manager, Africa
IHS
United Kingdom
Robert Waterhouse
Director
Rosha Resources Ltd
United Kingdom
Alex Richards
Business Manager - Oil & Gas
BAE Systems Detica
United Kingdom
Sarah Haggas

IHS
United Kingdom
Mick Small
Project Manager
RPS Energy
Peter Jackson
Manager
Bain & Company
United Kingdom
Mark Diaz
Director
IHS
United Kingdom
Martin Smith
Business Development Manager - Operations
RPS Energy
United Kingdom
Rebecca Crawford
Stakeholder Engagement & Social Performance Manager
BG
United Kingdom
Bani Norouzian
Business Development Manager-IHS Energy
IHS Global
United Kingdom
JOHN GEORGIOU
EXPLORATION CONSULTANT GEOPHYSICIST
RPS ENERGY
United Kingdom
Axel Ehrhardt
Research Geophysicist
BGR
Germany
Marine Richard
Energy Researcher
Infield Systems Limited
United Kingdom
Derek Campbell
Technical Director - Land Seismic
RPS Energy
United Kingdom
Michael McCullough
Senior Geophysical consultant
Blue Diamond Exploration Ltd
United Kingdom
Teresa Zargouni

ITE Group
United Kingdom
Dawn Murton
Events Manager
RPS Energy
United Kingdom
Ken Gardiner
Business Development
Business Development Consultant
United Kingdom
Evgeny Makushin
Manager
ITE Group plc
United Kingdom
Richard Wrigley
Chief Geologist
RW Exploration Ltd
United Kingdom
Alison McEntyre
Marketing Specialist
Cameron
United Kingdom
Michael Jacobs
Head of Oil & Gas
ITE Group Plc
United Kingdom
Bimbola Kolawole
Business Development Manager
Rystad Energy AS
Norway
Emily Ashford
Director - Oil & Gas Research
Cantor Fitzgerald
United Kingdom
Mark Foster
Managing Director
JHKI Services Limited
United Kingdom
Linda Sutherland
Consultant
Sandown Energy Consultants Limited
United Kingdom
Julian Lee
Senior Energy Analyst
CGES
United Kingdom
Christopher Tiratsoo
editor
Journal of Petroleum Geology
United Kingdom
Max Bascombe
Capital Raising
SANLAM / Merchant Securities
United Kingdom
Clare Baldock
Sales and Marketing Manager
CGG
United Kingdom
jonathan bedford
Director
JXT
United Kingdom
Tom Martin
Director
Shikra Consulting
United Kingdom
Will Jeffery
Senior Offshore Interpreter
CGG
United Kingdom
Peter Nicol
Advisory
Locin Energy
United Kingdom
Pete Nolan
Exploration consultant
SHP
United Kingdom
Andrew Webb
Manager, Petroleum Reservoir and Economics
CGG
United Kingdom
VICTORIA UMEJURU
MSC STUDENT OF PETROLEUM ENGINEERING
london south bank university
United Kingdom
ELISE BOULON
analyst
societe generale
United Kingdom
Hassan Asheg
Manager
CGG Data Management Services
United Kingdom
Preston Enubuje

London South Bank University.
United Kingdom
Shoaib Noormahomed
Vice President
Societe Generale
United Kingdom
phil sheridan
director
churchill capital
United Kingdom
Patrick Rogers

LPD Risk
United Kingdom
Neil Ritson
Chairman
Solo Oil
United Kingdom
Nicholas Cobb
Managing Director
Cobb Energy Communications
United Kingdom
Gabriel Carter
Managing Director
LPD Risk Management
Helen Seale

SPC
United Kingdom
Roger Doery
Consultant
Consultant
United Kingdom
Henry Jones-Davies
Managing Director
LPD Risk Management Ltd
United Kingdom
Glyn Roberts
Director
Spec Partners Ltd
United Kingdom
David Moore
Exploration Geologist
Consultant
United Kingdom
Olga Tyufyakova
student
LSBU
United Kingdom
Konstantinos Oikonomopoulos
Business Development Associate
Spectrum
Diwin Amarasinghe
Geophysical Specialist
Consultant
United Kingdom
Mohammed Dahiru Aminu
M.Sc. Student
LSBU
Lauren Penn
Geoscientist
Spectrum
Micky Allen
consultant
consultant
United Kingdom
David Murray
Senior Analyst
Mars Omega LLP
United Kingdom
MIKE JOHNSON
Senior VP EAME Multi-Client Business Development
SPECTRUM
United Kingdom
ANASTASIOS SKIADAS
Private Consultant
Consultant
United Kingdom
alex franca
Managing Consultant
Molten
United Kingdom
Phillip Hargreaves
Senior Cartographer
Spectrum
Peter Farrington
Geophysicist
Consultant Geophysicist
United Kingdom
MOMOHSANI MOMODU
MASTERS STUDENT
MSC STUDENT OF PETROLEUM ENGINEERING AT LONDON SOUTHBANK UNIVERSITY
United Kingdom
Howard Nicholls
Geophysical Advisor
Spectrum Geo
Dan Kunkle
Director
Count Geophysics
United Kingdom
Ed Evans
MD
NDB Ltd
United Kingdom
Patrick Horwood
Business Development Geophysicist
Spectrum GEO Limited
United Kingdom
Rick Donoghue
Director
Crescus
United Kingdom
Katie Unwin
Geoscientist
Neftex
Anne Hegarty
Exploration Intelligence - Analyst
Statoil UK Ltd
United Kingdom
CAT MANTLE

Darwin Park
United Kingdom
Chris Gravestock
Geoscientist
Neftex
United Kingdom
Joseph Pape
Exploration Advisor
Stratochem Services
United Kingdom
Lydia Moore
Oil and Gas Analyst
Deloitte LLP
United Kingdom
Harish Pillai
Vice President
Neo Energy
United Kingdom
Tarek Gamudie
Manager
student
United Kingdom
Caroline Hall
Analyst
Deloitte Petroleum Services
United Kingdom
Ed Reed
Senior Editor
NewsBase
United Kingdom
oluwabunmi akinremi

student
United Kingdom
EMIL JANSON
Regional Marketing and Sales Mgr
DOLPHIN GEOPHYSICAL
United Kingdom
Geoff Reed
consultant
Nexgas
United Kingdom
Duncan Rushworth
Vice President of Business Development
Svenska Petroleum Exploration
United Kingdom
Brian Donnelly
Consultant Geophysicist
Donnelly
United Kingdom
Stuart Fordyce
Geologist
Novas Consulting
United Kingdom
Ben Sayah
Content Executive
Terrapinn
United Kingdom
Bruce Walker
Regional Manager - North Africa
DrillingInfo
United Kingdom
Martine Davis
Business Development Manager
NVentures
United Kingdom
Jim Raggatt
Senior Geologist
Tethys Petroleum
United Kingdom
Gareth Crisford
Business Development Manager
EARTH-i Ltd
United Kingdom
Oxana Bristowe
Partner
Opus Executive Partners
United Kingdom
Paul Chandler
Director-Multi-client Project Services; AME
TGS
United Kingdom
Justin Morrison
NV Manager
Energia Iberica
United Kingdom
Ivan Sandrea

Oxford Institute for Energy Studies
United Kingdom
Bahzad Ayoub
Sector Analyst - Downstream & Unconventionals
The EIC
United Kingdom
Nnamdi Anyadike
London office
Energy Correspondent
United Kingdom
Mike Larkin
Business Development Executive
Palantir Solutions
United Kingdom
Brian McBeth
Managing Partner
The Oxford Consultancy Group
United Kingdom
Hannah Wharrier

Energy Exchange
United Kingdom
Paul Compton
Director
PCCL
United Kingdom
Andy Cooper
Sales Director
thyssenkrupp
United Kingdom
Tom Pepper

Energy Intelligence
United Kingdom
CHRIS BROWN
VP EXPLORATION
PETRA PETROLEUM
United Kingdom
Bill Arnold

Trap Oil Group plc
United Kingdom
Erik Eriksson
Head of Sales
EnergySys Limited
United Kingdom
Michael Whyatt
Advisor
Petroceltic
United Kingdom
chris lynden
Principal Operations Geologist
Tullow
United Kingdom
Terry O'Donnell
Business Development Manager
EPI Group
United Kingdom
Brian O'Cathain
CEO
Petroceltic
Ireland
Kim Fairweather
Consultant
Vision Project Services
United Kingdom
Sohabe Richyal
Reservoir Engineer
ERC Equipoise Ltd
United Kingdom
Alexander Dementiev
Regional Manager
Petroleum Geo-Services
Norway
Angus Warren
Owner
Warren Business Consulting
United Kingdom
Johanna Löfgren
Director
Euro Translations
United Kingdom
Greg Coleman
CEO
Petromall
United Kingdom
Alastair Bee

Westwood Global Energy
United Kingdom
Adam Marmaras
Event Organiser
Finding Petroleum
United Kingdom
Michael Sloane
Commercial Director
Petromall
United Kingdom
Pete Floyd
Senior Manager Upstream
Wipro
United Kingdom
M. Charlie Williams
Drilling/EPC Contracts Advisor
GDF Suez
United Kingdom
Rob Holden
Senior Sales Supervisor, MultiClient Africa
PGS
United Kingdom