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Remus Petroleum

Description

Remus Petroleum was founded in 2014 and is an upstream exploration and development company who actively acquire development and production assets in targeted geographies which, at present, include the UK, Netherlands, Norway and the African Continent.

The company's seasoned senior executive team bring in depth technical and commercial expertise in the development and management of assets through careers forged in the Oil Majors over the last four decades.

Remus have activities in USA, UK, Africa and Asia, with their Head office based in Hong Kong. Remus Petroleum will achieve a global footprint by 2025 in meeting its asset acquisition plans with a primary focus on development of opportunities in Africa, Asia and South America.

Development Portfolio

Remus is involved in License acquisition process with petroleum commissions on the African continent in the countries targeted to develop its long terms exploration and production activities with timelines on production of more than 10 years from first oil.

Production Portfolio

Remus has identified multiple asset acquisition targets in the North Sea and is actively engaged in negotiations to acquire producing assets to contribute towards our production target of 200,000 boe/day by 2025. Only asset with medium to long term development potential will be considered, suitably de risked and equitably priced.

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