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Painted Wolf Resources

Description

London based Painted Wolf Resources is an exploration and appraisal business focused on identifying undeveloped commercial gas resources offshore in the UK.

Painted Wolf Resources is the vision of Dr Andy Mortimer and a team of Southern North Sea experts.

Andy believed that 2019 offered a unique opportunity to begin building a substantial natural gas business because: the UK Committee on Climate Change confirmed that the UK will require natural gas to meet its climate change commitments; the OGA was holding the 32nd Offshore Licensing Round; and there was a cohort of like-minded experienced and successful sub-surface experts available.

In Summer 2019, Andy invested in exploration company Actis Oil & Gas and began its transformation to Painted Wolf Resources as Chief Executive. By building a pack of highly experienced and successful professionals the company have created a sub-surface tour de force with the potential of outperforming significantly larger players.

Painted Wolf has seen Andy re-join forces with co-founders of Wham Energy and Volantis Exploration. WHAM Energy and Volantis Exploration were Southern North Sea focussed, with each company building a portfolio of licences with multiple prospects. They drilled a total of seven wells on these prospects resulting in four gas discoveries.

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