Our Projects
Our Core Drivers are based on:
- We believe E&P Foreign Oil Companies are increasing expenditures, hence yielding higher revenues for the entire production chain. With the ever increasing prices, Expenditures increases is a trend very much tied to the Price hikes.
- As the Majors put more emphasis on finding new resources, many more older and smaller opportunities become available.
- High oil prices in recent years has attracted more investment in non-traditional markets with even less capabilities, creating good opportunities for the smaller players to enter the industry.
- Our participation in the different Projects identified for Investment is also supported by the wide and direct access to qualified professional resources that can contribute in deploying sound and competitive growth strategies within the assets to-be-acquired
Sectors within the Hydrocarbon Industry we look for:
Exploration and Production of Oil & Gas Projects / Assets Development Engineering firms, G & G Studies, Mud Suppliers, and others
Refineries and Petrochemical complexes in Operation Upstream Service Companies: Rigs leasing, Drilling contracts, Field Storage facilities Pipeline participation Transportations companies
We like to target Exploratory blocks with low to moderate risk which have already determined at least Probable reserves and require further funding to continue its exploratory campaign. We’d like to “Farm-In” in Production fields with less than 10 kbpd production, or an equivalent participation. We can also sponsor upgrades or refurbishments or turnarounds of Refineries and/or Petrochemical complexes in Operation through a direct investment in exchange for some participation in the capital of the company. We can also invest a minority participation in Upstream Service Companies with ongoing contracts, qualified professional capability and a Business Development structure which can guarantee its future growth and success. Generally we would look at this kind of investment only if it complements any of our other investments in E&P.
Regardless of the nature of the Project we always target to buy-in through an equity investment (only) a minority participation where the original owner or promoter remains in control of the Project / Asset under consideration.
Individual or corporate investors holding the Partnership’s Shares may own any amount up to no more than 5% of the Company’s Authorized Capital.
The Partnership's capital is $2,000 MM (2 Billion). It is divided in two types of shares: A and B. Shares Type-A represent only 10% of the Capital and they are mainly owned by the Promoter of the Partnership CLEARSKY EQUITY HOLDING. The reminder 180,000 Type-B shares are owned by our Partners with a Face Value of $10k each. Investors holding Convertible Trust Certificates may exchange them voluntarily for a Type-B Share of equal value that represents a proportional investment in every Asset / Project held in portfolio by the Company. Trust Certificates can only be sold or converted by the Investors themselves. Proceeds from the sale of the Company’s Shares are to be used exclusively for the Investment / acquisition in a Oil & Gas related Asset / Project. Investments can range from $1 MM to $200 MM each, with or without controlling WI Assets will be managed on behalf of the Company by a group of professionals from a Management Firm designated by the Company’s BOD. Entry, Conversion and Exit Commissions are applicable Penalty Fees also apply for early retirement before the sixth month since purchase of CTC
In our search to acquire the best possible Projects /Assets, we welcome any offers our Agents or any other Business Authorized Representative for that matter may bring forward to our attention for evaluation.
Please send us a note with an Executive Summary of the proposed Project / Asset you want us to review.
Regardless of the decision we’ll get back to you in due time with our response. Should it be a positive initial reaction to your proposal we’ll require from you to present further documentation that shows your power to start negotiations of the Project / Asset as well as legal and financial documentation from the Project / Asset.
