| |
Petrolera El Trebol is focused on the acquisition,
exploitation and development of oil and gas properties in
Argentina through its 100% owned Argentine subsidiary. The
Company has assembled a management team with extensive experience
and knowledge within this industry.
Since 2000, Petrolera El Trebol has focused its activity in Argentina.
The board of directors and the management believe this region
represents an attractive investment opportunity primarily
due to:
• the existence of significant numbers of underdeveloped and underexploited
fields as a result of decades of state owned operations;
• the availability of underdeveloped and underexploited
small to medium sized fields, which have been divested by
large oil and gas companies due to asset rationalization and
industry consolidation; and
• service/construction companies, which acquired oil
fields during the privatization process, divesting these assets
to focus on their core business further increasing the pool
of available opportunities.
With almost a hundred years of history, the oil industry in
Argentina is fully developed. Several of the major oil companies
from North America and Europe are active in the country and
top professionals and state of the art technologies are readily
available. Argentina, currently a net oil exporter, is offering
investment and growth opportunities in the exploration and
production (E&P) sector to private companies, while granting
them access to the international markets.
|
|