Building Southern Africa E&Ps

based on oil or gas or both? 0

Friday, July 16, 2021, Webinar, Online

Over the last few weeks we have hosted successful Lunch’n Think Webinars on Southern Africa - Apr 30 " Is Offshore South Africa an emerging 'Super Basin' and May 21 - How can we responsibly source more gas in Southern Africa?

You can find the videos of these two events by clicking on the above links.

Two significant issues arose from the presentations and Q&A:

Technical Uncertainties: Offshore, do we understand what the source rock is and/or its maturation and/or the resulting Petroleum Systems; Onshore, how can we understand the Unconventional potential given the lack of conventional production history, and underpinning geochemical and geophysical data.

Political ‘Road Blocks’: 1) The reported South African ‘demand’ for a 20% Free Carry and 2) the active discouragement of OECD investors with respect to “fossil fuels”.

How is it possible to build a Southern African E&P – focused on Gas perhaps – given these substantive issues?

This Lunch’n Think Webinar will address these issues!

Agenda

13:00

David Bamford - Director - Finding Petroleum

View video of Southern Africa E&P webinar



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.
13:01

Neil Hodgson - VP geoscience - Searcher Seismic

Energy Transition and South Africa’s Part in a Global Solution

Talk Description.
South Africa stands with the rest of world at an important crossroads where it needs to decide where the energy to fuel its future comes from. Whilst a growing global consensus is pushing an Energy Transition away from fossil fuels, the best energy solution for both South Africa and the world is more nuanced.

In this short presentation we will look at the forces acting on the balance between CO2 emission and energy use globally, and the option that South Africa now has to significantly help the transition to a low carbon world by using a fossil fuel resource to create a powerhouse of economic growth.
Neil Hodgson is VP Searcher Seismic, a company which provides high quality exploration data and leading edge tech to the global exploration industries. He is formerly executive VP geoscience with Spectrum ASA, and exploration manager at Matra Petroleum, Premier Oil and GB Group.

Searcher Seismic
Searcher provides high quality exploration data and leading edge tech to the global exploration industries.

Our data library includes seismic, potential fields, multi-beam, coring and well data derived from geophysical and geological projects that we operate world wide.
13:15

Andrew Schrager - CEO - Monitor Exploration Ltd

Finding oil onshore Namibia (Title TBC)

Talk Description.
Techniques utilised by Monitor Exploration include:
Direct access to geophysical technologies, managed and operated by GWW and its partners (Airbus Defence, E&P Geofield), that reduce risk,time and cost to identify hydrocarbons directly and provide reconnaissance structural imaging:
Remote Sensing
Passive Seismic
Surface Geochem
Magneto-Tellurics

giving the possibility, encouraged by nearby drilling, that oil can be found in the Owambo Basin where extensive license areas are held by Monitor.
A well-respected private investor with long experience in investment banking.

Some of his main roles include senior adviser at Renaissance Capital (emerging markets), senior advisor to Merrill Lynch (Energy & Power group throughout Russia and Central Europe), especialy the British Petroleum TNK acquisition, director of corporate finance at Lazard Brothers – advisor for both the Central Electricity Generating Board on privatization and National Power on its IPO, director of Utilyx, 2001-2012, director of GeoDynamics Worldwide since 2010.

Monitor Exploration Ltd
Monitor Exploration Limited (MEL) is a UK private exploration company, established in 2008, for onshore Oil and Gas exploration in Africa. MEL was formed by Geodynamics WorldWide (GWW), a specialist oil service company. MEL was created to take advantage of:

Direct access to geophysical technologies, managed and operated by GWW and its partners (Airbus Defence, E&P Geofield), that reduce risk,time and cost to identify hydrocarbons directly and provide reconnaissance structural imaging:
Remote Sensing
Passive Seismic
Surface Geochem
Magneto-Tellurics

Sedimentary basins in Africa that are relatively under explored but prospective geologically and where our partners have past experience in terms of geological and geophysical data.

Countries that are prepared to offer attractive PSA terms, and most importantly are not restrictive or onerous on work programmes, at least in the initial phase, and allow the Oil company the option, as opposed to the obligation, to go to the next phase of commitments to drilling wells

Lack of competition from independent companies for onshore licences, due to lack of capital and practice in alternative technologies

Scope to obtain substantial initial interests in licenses, e.g. over 70%, whilst keeping some local interest to assist in managing local
representation

Local knowledge in our team
13:30

Edward Prescott - Chief Geophysicist - Impact Oil and Gas Ltd

Offshore South Africa: Source rocks and the hunt for liquids

Talk Description.
Despite exploration results to date having suggested a predominance of gas, we believe that offshore South Africa holds enormous promise for the discovery of giant oil volumes.

By returning to first principles of plate tectonics, kerogen type and thermal maturity, it is clear that there are large areas of the offshore which are yet to be tested by the drill bit, but which show all the fundamentals for a prolific oil-prone Cretaceous petroleum system.

In this talk we will address each of those factors and illustrate why we believe the best is yet to come for this emerging oil province.

Edward has over 15 years of global upstream experience having worked extensively in West and East Africa, Eastern Mediterranean, Australia, South East Asia and India in a variety of technical roles across the whole upstream value chain.

Projects have varied from remote onshore exploration in Africa and Australia to frontier deepwater exploration in South East Asia, Australia and Africa. In Australia, Edward was responsible for the discovery of a number of significant gas fields including a play-opening discovery.

Edward has a BSc (Hons) in Geophysics from Durham University, England and a MSc in Petroleum Geology from the University of Aberdeen, Scotland. He is a Fellow of the Geological Society of London.

Impact Oil and Gas Ltd
Impact Oil and Gas was founded in 2009 by experienced geoscientists who subsequently targeted a number of areas offshore South Africa with very large hydrocarbon potential.
14:00 Q&A followed by Close no later than 14:15

Sponsors of this event

Registered Delegates

Evi Otobo
Senior Geoscientist

United States
Anthony Younis
Exploration Manager
Impact Oil and Gas
United Kingdom
Keryn Simpson

private
South Africa
Patrick Barnard
Director
APT UK
United Kingdom
Abbey Hunt
Geoscientist
Impact Oil and Gas
United Kingdom
Anton Mifsud-Bonnici

Private Practice
Nick Tranter
Business Development Manager - sub-Saharan Africa
CGG
United Kingdom
ANDRES MESA

Independent consultant
United Kingdom
Dipika Kataky
Senior Geologist
RPS Energy
United Arab Emirates (UAE)
John Glass
MD
Cloverfield Consulting Ltd
United Kingdom
Abimbola Durogbitan
GM Geosciences
Independent Consultant/Nigerian Association of Petroleum Exolorationists UK/EUROPE COORDINATOR
United Kingdom
Karyna Rodriguez
VP Global New Ventures
Searcher
United Kingdom
Fearghal Hayes
General Manager Geoscience, Europe Africa
CNOOC International
United Kingdom
Paul Bellingham
Director New Ventures
ION Geophysical
United Kingdom
Denis MOUGENOT
Chief Geophysicist - retired as consultant
Sercel-retired
France
Henk Bruyn
Director
Control Risks
South Africa
John Griffith
Upstream Advisor
JJG Consulting International Ltd
United Kingdom
Thabo Thobejane
MD
Setjakadumethabo (Pty) Ltd
David Boote

DBConsulting Ltd
United Kingdom
jarryd thomas
Equity Analyst
JP MORGAN
South Africa
Aaron Lockwood
Software Sales Manager - EAME
Shearwater Geoservices
United Kingdom
Wolfgang Nachtmann
Honorary Professor at Montanuniversitaet Leoben
E&P Petroleum Consulting
Austria
Craig Jones

Katalyst Data Management
United Kingdom
Sigve Hamilton Aspelund
Independent consultant
Sigve Hamilton Aspelund
Norway
eskil jersing
business development advisor
eburon resources
United Kingdom
Jules van Limborgh
managing director
Kerogen
United Kingdom
Ewan Whyte
Technical Director
SLR Consulting Ltd.
United Kingdom
Ruairi McDonald
Senior Geoscientist
ENI
United Kingdom
Catriona Penman
Geologist (Software)
Lloyds Register
United Kingdom
Madighi Oghu
Account Manager
Stratum Reservoir
South Africa
Greg Coleman
CEO
Future Energy Partners
United Kingdom
Mike Larsen
Director
Metastream Ltd
United Kingdom
charles thomas
Director
Striped Horse
United Kingdom
Barbara Holzweber

Gaffney Cline & Associates
Robin Sutherland
Consultant
Monitor Exploration Limited
South Africa
Aidan Joy
Consultant
Suilven Oil & Gas Ltd
United Kingdom
Jeremy Berry
BD Director
GaffneyCline
United Kingdom
Gavin Elliot
Senior Geologist
New Age Ltd
United Kingdom
Markus Harting
CEO
The Oryx Group International
United Arab Emirates (UAE)
Andrew Shrager

Geodynamics Worldwide
Italy
Maximilian Richards
energy transition consultant
OPC
United Kingdom
Tim Goodwin
New Ventures Consultant
TJGX Ltd
United Kingdom
Robert FE Jones
Director
Geoko Ltd
United Kingdom
Liam Holt
Geophysicist
Perenco
United Kingdom
Matt Tyrrell
Associate
TROIS
United Kingdom
Mimi van Noordwyk
Oil & Gas Lead, Africa
Hatch
South Africa
Carlo Buscaglia
Subsurface Team Lead
Petrofac
United Kingdom
Alessandro Colla
Managing Director
TROIS Geoconsulting BV
Netherlands
Peter Leon
Partner and Africa Co-Chair
Herbert Smith Freehills South Africa LLP
South Africa
Sithembiso Ngubane
MANAGER: National E&P Database
Petroleum Agency SA
South Africa
John Weston
Principal
Ulysses Petroleum Management
United Kingdom
mohamed khiar
Geoscientist
IHSMARKIT
United Kingdom
Answa de Lange
Asset Manager
PetroSA
South Africa
Mark Foster
Business Development Manager
Verif-i SG Limited
United Kingdom
Michael Clutterbuck
Exploration Geologist
Impact Oil & Gas
United Kingdom
Matthew Plummer
Principal Geoscientist
PGS
United Kingdom
Fabio Rosas
Technical Manager
Welltec
Denmark
Laurence Pearce
Asset Compliance Manager
Impact Oil & Gas
United Kingdom
Kevin Sylvester
Director
Pinnacle Energy Limited
United Kingdom
Janice Weston
Consultant
Weston Stratigraphic Ltd
United Kingdom