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Finding Oil in Mexico and the Caribbean

What are the opportunities for exploration and production in Mexico, Jamaica, the Caribbean?
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Read Taylor
» Sierra Oil & Gas
Tom Bacon
» Intelligence Director
» Protection Group International
Karyna Rodriguez
» Director of Geoscience
» Spectrum
Neil Ritson
» LGO Energy

Full Agenda

Friday, October 21, 2016
The Geological Society

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The Gulf of Mexico/Caribbean is a fascinating petroleum province, surrounded on 3 sides by the US Gulf of Mexico, and Mexico’s and Venezuela’s mainly onshore riches.

And then in what we could call the outer island chain, Trinidad has a long history – from the early part of the 20th Century – of onshore oil exploration and production and major offshore gas production, Barbados has minor oil production onshore (~1000boepd if I remember rightly), and Jamaica and Cuba have ambitions to get exploration under way.

So a big area to contemplate with many petroleum systems.

Do we understand this complexity and is it possible to predict that are remaining unexplored, potentially prolific, plays and if so where are they?

Is there a regional theme or are these simply a set of unconnected country-based petroleum provinces sitting aroud one large basin?

This event continues from our past Mexico event held in

September 2015
view the agenda
view the delegates list


9:30 David Bamford - Director
PetroMall Ltd

Chairman's introduction and overview

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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 joined the board of Premier Oil in May 2014.

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.

PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in se
9:35 Read Taylor - EVP
Sierra Oil & Gas

Price Discovery and access in emerging oil and gas basins: The case of Mexico and Latin-America

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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.
10:10 Tom Bacon - Intelligence Director
Protection Group International

Mexico: An overview of the investment and operating climate.

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Talk Description
Tom will analyse the key political, security and regulatory challenges of investing in the Mexican onshore and offshore markets. The presentation will assess the progress of Mexico's licensing rounds to date and the key ongoing investment considerations or companies in country. It will detail local political dynamics in Mexico and assess the security picture affecting foreign companies, with a particular focus on oil and gas operations.
PGI is a privately owned UK business offering integrated, intelligence-led risk management solutions
10:45 Karyna Rodriguez - Director of Geoscience

Chasing the Norphlet Play Fairway in the Deep Water Campeche Basin Offshore Mexico

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Petroleum geoscientist with 25 years of multidisciplinary experience in global offshore and onshore exploration inclined projects. She worked in companies like BG and PEMEX gaining diverse experience from regional play and prospect generation and evaluation, to working closely with high level management on their portfolio strategies. In her current role she manages Spectrum’s Geology, Geophysics and GIS technology team, working on projects on a global scale and enhancing the data library by providing technical geoscientific rational and justification.

Spectrum is established as a key player in the seismic services market. The company focuses on deliv
11:20 Coffee & Tea; Exhibits
11:40 Neil Ritson - CEO
LGO Energy


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Mr Ritson holds a Bachelor degree in Geophysics. He has worked in the energy sector for over 35 years’, initially with BP plc, where he held the roles of International Chief Geophysicist, Head of Geoscience Research and Business Unit Leader for both Norway and Alaska Exploration.

Subsequently Mr Ritson managed the international operations of Burlington Resources Inc. and more recently he was CEO at Regal Petroleum plc before founding the Vanguard Energy Group where he was Chairman and CEO.

Mr Ritson is the Chairman of Solo Oil plc, the Managing Director of NR Global Consulting Limited and a Director of Marylebone Consulting Limited. He is also a Non-Executive Director of Enovation Resources Limited, a Bermudan registered private company active in the UK North Sea.

LGO Energy
LGO Energy's operations comprise of four main Trinidad assets; the Goudron Field, the Icacos Field,
12:15 Chris Corona - Director of Latin America

Caribbean "Gigante" multi-client seismic

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TGS is the world's largest geoscience data company, known for its asset-light, multi-client business
12:50 Multiple -
Panel Discussion
Is there a Regional aspect or is this just a collection of countries?

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Talk Description
David Bamford (Petromall)
Chris Matchette-Downes (CEO Caribex and MDOil)
Neil Ritson (CEO LGO Energy)
13:20 Raffle Prize: Lunch & Exhibits

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