Finding African Oil
£100
FEATURED SPEAKERSChris Willcox
» – Geoscientist, Dynamic Earth Division
» Landmark Exploration Insights
Patrick Coole
» Geoscientist
» PGS
Ben Sayers
» Project Developer
» TGS
Full Agenda
Monday, January 25, 2016
London
The Geological Society
Download our report from this event
Africa probably has plenty of oil and gas business opportunities - but working out where they are, what they are, is another matter.
It is now abundantly clear that oil & gas companies are slashing their Exploration spend, not just for 2016 but probably into 2017 and 2018 as well.
So a good question is - are there any African exploration "sweet spots" which stand out even with oil prices at $30/barrel.
or....
Should we all be thinking of "Exploring on the FTSE" (aka "Drilling on Wall Street") on the basis that it is possible to buy discovered barrels (and gas molecules) - indeed whole companies that have made such discoveries - at significantly lower prices than it takes to explore for them?
During our annual "Finding African Oil" conference in London in January we'll be attempting to answer these questions - or at least help you grow your expertise.
This event is designed for explorers and business developers (and M&A folk!) - as well as service company business development staff - who would like to develop their knowledge of what's on offer and what's happening, and to see opportunities.
This event continues from our past Africa events held in:
January 2015 - view the agenda view the delegates list
March 2014 - view the agenda view the delegates list
April 2013 - view the agenda view the delegates list
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 t More... | |
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Alex Vines has been Head of the Africa Programme at Chatham House since 2002, and in 2008 became Director for Area Studies and International Law. He first joined Chatham House as an Associate Fellow of the British Angola Forum in 1999 and has written extensively on Angola. From 2005 to 2007 he was a member and Chair of the UN Panel of Experts on Côte d’Ivoire. He served from 2001 to 2003 on the UN Panel of Experts on Liberia. The proliferation of small arms and light weapons remains one of his key areas of expertise. He has worked across southern Africa and was an officer for both UNOMOZ in Mozambique in 1994 and UNAVEM II in Angola in 1992. He has had a long association with Human Rights Watch and served as their Senior Researcher on Business and Human Rights. He serves on the editorial board of several leading journals and writes regularly for publications around the world. He was awarded an OBE in the Queen’s Birthday Honours in 2008 in recognition of the work he has done in founding and developing the Chatham House Africa Programme.
Chatham House Chatham House, home of the Royal Institute of International Affairs, is a world-leading source of in More... | |
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Stuart has worked at both bulge bracket and regional European investment banks (Credit Suisse, ING and Unicredit). He has followed the global oil and gas sector since graduating from business school over 15 years ago, covering all types of oil and gas companies (including the European majors, Russian oil and gas companies and junior names). Stuart has written the research for several oil and gas equity raisings and was Credit Suisse’s lead analyst in both LUKoil’s and Gazprom’s IPOs in Russia. As Head of Equity Research at ING, he has overseen the research of more than a dozen other transactions.
Future Energy Partners Ltd Future Energy Partners (FEP) is a unique oil and gas advisory service which prides itself on technic More... | |
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Chris Willcox joined Neftex in 2011 as a regional geoscientist in the Europe team and has subsequently worked on the Indian Subcontinent and in the global wells and maps teams. Since early 2014 he has been responsible for the application of the newly updated Neftex Earth Model by interpreting the early Paleozoic sequence stratigraphy of wells and outcrops and paleogeography across much of northern and sub-Saharan Africa. Chris has a doctorate in physical volcanology and pyroclastic stratigraphy from the University of Leicester and a 1st class MSci degree from the University of Bristol.
Landmark Exploration Insights Landmark Exploration Insights (formerly Neftex), is a product family within Landmark, a business lin More... | |
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Talk Description In 2014 PGS in conjunction with Petroci and the DGH, acquired and processed over 2,200 sq. km of 3D GeoStreamer® data over CI-506 and CI-507 - two open blocks offshore Côte d’Ivoire. The western margin of Côte d’Ivoire remains frontier; however a working hydrocarbon system is supported by a number of significant discoveries nearby, including Saphir (Total, block CI-514) and Morue (Anadarko, block CI-516).
In order to better understand the geology and hydrocarbon potential of blocks CI-506 and CI-507, PGS completed a major study of the data incorporating both geological and Quantitative Interpretation (QI). Results from the study display multiple DHIs (Direct Hydrocarbon Indicators) supported by low Relative Acoustic and Relative Vp/Vs volumes, subsequent cross-plots and AVO studies. The geological and QI projects completed on the CI-506 and CI-507 dataset have significantly de-risked the petroleum system in this area. With additional wells drilled next year, the western margin of the offshore Côte d’Ivoire is set to have an exciting future for exploration. |
Patrick has an undergraduate degree in Geography and Geology from the University of Manchester and an MSc in Petroleum Geoscience from Imperial College. Patrick has worked over a number of regions during a career spanning 6 years. Over the past 2 years Patrick has worked for PGS solely on their Africa projects on the geological interpretation of datasets across the margin.
PGS PGS is a leading, international, marine geophysical company. Our business is technology driven and w More... | |
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Spectrum is established as a key player in the seismic services market. The company focuses on deliv More... | |
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Talk Description TGS have recently completed a full geological and geophysical evaluation of the hydrocarbon prospectivity of the entire offshore western margin of Madagascar; from Cap d’Ambre in the north to Cap St. Marie in the south. The study was based upon the interpretation of nearly 50,000 km of multi-client 2D seismic, potential field data and existing well data. As a result the integrated prospectivity of all the offshore sedimentary basins can be understood for the first time and new frontier exploration targets and plays are revealed.
With only 11 wells drilled offshore, and none in water depths greater than 50 m, offshore Madagascar has enormous untested potential in addition to the well-known onshore heavy oil play. A tour of these offshore basins will show the different structural and sedimentary settings that the complex tectonic history of Madagascar has produced. |
Ben is a petroleum geologist with over 10 years upstream industry experience. He has been focussed on Africa for the majority of his career with recent focus on the North West Atlantic Margin. Ben has an MSc in Petroleum Geoscience from Royal Holloway and a BSc in Geography & GIS from University of Greenwich; previously employed for a Moroccan-based operator Ben now works for TGS and is based in their London office.
TGS TGS is the world's largest geoscience data company, known for its asset-light, multi-client business More... | |
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