Portfolio

Introduction

We are building a portfolio of development and production assets with an emphasis on stranded and marginal fields.  We target fields that are low-risk and highly appraised projects which are currently undervalued.  We seek to develop these assets utilising solutions, developed by our joint venture MFDevCo, which can significantly improve the economics of a project and by doing so we can enable the early booking of reserves.  Project delivery will be managed by MFDevCo and the Marginal Field Delivery Consortium, a group of world class oil and gas specialists. 

In addition, we continue to advance our licences located on and around the Port au Port Peninsula of western Newfoundland, Canada.  

Sign up to our Newsletter

Generating value from undeveloped discoveries and producing fields