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Finding Oil in Central & South America

....needs to be on our radars!
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Richard Herbert
» R Herbert Associates Ltd
Read Taylor
» Sierra Oil & Gas
Tim Davies
» Group Exploration Asset Manager
» Premier Oil
John Weston
» Technical Director
» Tridevi Energy & Resources

Full Agenda

Tuesday, October 17, 2017
The Geological Society

News from Jul 12 2017 - Sierra Oil and Gas announces significant discovery in Sureste Basin Offshore Mexico

Central and South America covers a wide variety of petroleum provinces, from Mexico – rapidly opening up its offshore – to Brazil – with a superb set of established offshore basins – then inland to Argentina, Ecuador, Peru and Colombia…..and of course not forgetting the North Falkland Basin(NFB).

Some UK companies are already engaged there, for example Sierra and Premier are involved in the first foreign-operated well offshore Mexico for decades, BP and Premier are exploring offshore Brazil, and Rockhopper and Premier (again!) have explored and possibly may soon develop in the NFB.

The reality is though that UK companies ‘could do better’ in this region which has been somewhat off the radar compared with say Africa.

In this Forum, for each country, we should consider National Politics/Security; Petroleum Geology (especially new insights); new data; opportunities; and which companies are best place to deliver, onshore or offshore oil production or regional energy supply; in particular where are the opportunities for UK companies?

We welcome presentations on any of these subjects; please get in touch with me if you have something to say!
David Bamford

Note: This event continues from our past well-received Mexico events held in

October 2016 - see the agenda - see the delegates list

September 2015 - see the agenda - see the delegates list

Download the report from our Oct 2016 Mexico conference


9:30 Richard Herbert -
R Herbert Associates Ltd

Chairman's welcome & Introduction

Richard Herbert is a former COO, Exploration with BP, retiring from that position in 2016. Before that he was Executive Vice-President Exploration with TNK-BP (since 2003). He was initially with BP.

R Herbert Associates Ltd

9:50 Read Taylor - EVP
Sierra Oil & Gas

New global big oil province - Mexico’s Offshore Sureste Basin. A view from a private equity startup

Read Taylor is currently Upstream Executive Director and a Founding Partner of Private Equity backed Sierra Oil and Gas Exploration. Sierra, having corporate headquarters in Mexico City, is engaged in evaluating upstream and midstream business opportunities as part of the comprehensive reform of the energy sector in Mexico.
Read has over 25 years of experience in the oil and gas industry in Latin America, Asia and Africa driving highly successful outcomes in exploration and new ventures growth, technology development, field development and operational oversight. Prior to joining Sierra, he led a successful campaign of substantial gains with Brazilian private company Petra Energia as Executive Vice President Board Member. Prior to that, he served as General Manager and President of Devon Energy Brazil where he led a team ultimately responsible for several significant discoveries in shallow and deep water offshore Brazil. Read has also worked in various international field locations in geo-technical and commercial management positions at UNOCAL and Anadarko. He holds a BS in International Business from Pepperdine University, a BS in Geophysics and an MS in Geology from University of Southern California. Read also holds a diploma from Harvard Business School in Executive Management.
Read is also Chairman and founder of RICE International Relief Organization an international humanitarian relief agency and domestic charity organization. RICE provides medical supplies, clean water, and other necessities in over 26 countries in partnership with local efforts and shelters.

Sierra Oil & Gas
Sierra Oil and Gas, S. de R.L. de C.V. ('Sierra') is Mexico's first independent oil and gas company.
10:25 Tim Davies - Group Exploration Asset Manager
Premier Oil

Offshore Brazil (Title TBC)

Premier Oil plc is a leading independent oil and gas company with producing interests in the UK, Ind
11:00 Coffee & Tea; Exhibits
11:15 John Weston - Technical Director
Tridevi Energy & Resources

Managing the risks of investing in Latin America E&P

Talk Description
- Latin America is a challenging environment for upstream investment,
- Obvious' risks can be managed, even by independents.
- Comparison and discussion of Argentina, Brazil and Colombia, historical and current perspective, political, contractual/fiscal, commercial and technical risk associated with finding and commercialising pertrolem.
- Type of project that fits Tridevi's investment criteria

11:50 Speaker from -

(20 min talk)

Spectrum is established as a key player in the seismic services market. The company focuses on deliv
12:25 Speaker from -
Protection Group International

PGI is a privately owned UK business offering integrated, intelligence-led risk management solutions
13:00 Lunch & Exhibits: Close

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Welcome and Introduction
by David Bamford from Finding Petroleum

"The broad range of subjects presented and the opportunity to discuss key aspects with interested parties."

Robert Trice (Hurricane Energy)


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