Hague and London Oil African Independents Forum London, UK May 27, 2015
Brief history of HALO Hague and London Oil BV (HALO) formed September 2012 by Andrew Cochran Registered in the Netherlands Primary office in The Hague and a representative office in London. Funded solely by Management and…
HALO today Restructured, strengthened board with global experience: Andrew Cochran and William Phelps joined Malcolm Butler on the Board Other Wessex board members departed New Board additions expected with expansion Technical and…
Portfolio Diversification Small Company, Global Portfolio
Potential of African Exploration Attraction of African exploration: Underexplored with a large number of opportunities across risk spectrum Export-driven commercialization by default Nascent but maturing domestic energy markets…
Dynamics of the SE Asian Energy Market Advantageous competitive position on a high potential market: Limited equities offering the UK market exposure to Asian energy market Experience and track record of successful transactions Early…
Current Portfolio and Areas of Interest 35% Bournemouth Bay (UK) 50% SADR 15% SC54A (Philippines) 1.104% French Guyana 50% Juan de Nova Current portfolio of interest (HALO) Areas of Interest for New Ventures 8
Current Exploration Portfolio Juan de Nova, Mozambique Western Sahara, SADR SC54A, Philippines Area of interest Assurance Agreements 15% interest offshore identified 5 year over 3 blocks in SADR Existing 3D seismic and renewal &…
Corporate Development Ethos Range of high potential opportunities accessible in the near term: A dwell on SE Asia but not exclusively Thorough review of a wide range of assets within a broad spread of geographies Optionality and…
Managing the Opportunity In the current environment only survivors today will thrive later: Access to funding required Minimal, or no, commitments for optionality Low overheads and small team Focus capital on lower risk…
Hague and London Oil Current Portfolio Summary
Eastern Atlantic Margin SADR Northwest Africa Overlapping claims complicate full exploitation but promising geology associated with deltaic system The Guelta Block overlaps a prospective area claimed by others; gas and condensate…
Juan de Nova East Africa Juan de Nova straddles the African continent and Madagascar. It is down-dip of a proven oil and gas system onshore (the very large heavy oil field: Tsimororo) Post and Syn-Rift Geology extends eastward…
French Guyana South America Western Atlantic Margin In 2011, the first well drilled by Tullow in the licence successfully proved the twin Atlantic Basin concept by encountering 72m of net oil pay in 3 high quality reservoir…
Cadlao Field Signal Head N SC54 B Prospect SC54A Offshore, Philippines Custodio N Prospect Lawaan Signal Head Prospect -2 updip 15% non-operated interest Shallow water, oil discoveries in Kamagong Prospect Signal Head…
Bournemouth Bay, UK 35% operated interest in Blocks: 98/7b, 97/8a and 98/12 On trend with giant Wytch Farm field & surrounding the Bacton discovery Awarded as a promote license Seismic reprocessing is only commitment, already…
Summary of Opportunities HALO currently holds (or is awaiting confirmation of) assets in: South America Atlantic Margin (French Guyana) Northwest Africa Offshore (SADR) North Sea (UK) East Africa Offshore (Juan de Nova) Southeast…
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