About Us
Introduction
With offices in Sydney and Dubai, our focus is on acquiring a portfolio of high quality production and development assets which deliver existing or imminent cash flow. Petko Resources has a strong background in sourcing assets which are currently producing oil and gas or where production is imminent through established networks and strategic alliances based on strong in-country relationships.
Our goal is to create significant value through a strategy based on strong portfolio growth via commercial transactions which will deliver exceptionally strong cash flows and profitability.
Business Overview
Petko Resources has built a strong pipeline of projects through our network of industry contacts in the Middle East and North Africa (MENA) region and we are currently in negotiations to secure the purchase rights to an oil development in the Middle East.
In addition Petko Resources have been progressing the acquisition of several producing assets in the Middle East, and we are sourcing opportunities in North Africa.
Technical Expertise
The Petko Resources team is comprised of individuals with exceptional technical expertise and capability with strong operational and management experience. The management team is comprised of geologists, geophysicists and petroleum engineers together having many decades of experience in the oil and gas industry. Petko Resources’s team has technical experience working on assets worldwide but particularly in the Middle East and North Africa Region.
Senior Management Team
The senior management team collectively has over 200 years of relevant experience in the upstream industry, including a combined 100 years of experience in Central Asia and the Middle East and North Africa. The management team have a proven track record in acquiring and managing assets in this region and the team is further strengthened by their history of working together for many years either in the same organisations or across the table as joint venture partners. The teams’ experience includes executive management roles and advisory roles for companies such as, Ampolex, Oil Search, Orient Resources, Nexen, Vintage, Occidental, Tenneco Energy, El Paso, Esso, Delhi, Mobil, Drillsearch, Elk Resources, and Petsec Energy.
Global Experience
The Petko Resources Team has a vast and extremely broad wealth of experience covering some of the most prolific hydrocarbon basins in the world. This experience covers the full spectrum of the Oil & Gas industry from New Business acquisition via; tender processes, direct negotiation, or bid rounds for vacant acreage. Once acquired our team maintains expertise in managing assets from the exploration phase all the way through discovery, appraisal, and finally to full field development delivering production and consequently cash flow. Our history in the region provides us with a unique understanding of its culture and business practices.