INTRODUCTION
The African continent continues to boast a vast array of potential opportunities,particularly in the oil and gas (O&G) sector. The sector has historically been a primary driver of economic growth and is once again attracting investor interest as international energy prices recover. Africa’s proven oil and gas reserves
account for 7.5% and 7.1% of global reserves respectively”.PWC
INTEREST
Ultron Energy has interests in exploration from land and deep water prospective.The company aims to build a varied portfolio of interests across several licences in the African margin taking from “green field” acreage to potential drillable prospects through detailed geological and geophysical work. In such areas, the deep water fans provide the potential for huge reservoirs of sufficient size to be material inventory for the multinational
GOAL
Ultron Energy aims to become a leading oil and gas exploration company by building foundations and creating an extensive portfolio with a clear strategic focus, committed to sourcing large-scale, high-potential exploration opportunities.
The company specialises in applying the latest seismic and processing techniques to maximise data quality and increase the chance of successfully identifying the most prospective blocks and fields on land and in medium to deep water.
EXPERTISe
The company consists of over 20 years experience amongst the specialists and experts from various backgrounds within the industry.
OBJECTIVES
Our primary objective is the discovery of oil and gas where this can be monetised
either through scale or access to demand from the local market. We anticipate
large reserves with good flow rates.
Consequently, we are confident that the economics will robustly challenge or better those of more conventional reserves and shale production.
WHO WE ARE
Ultron Energy Africa is a level 1 BBBEE proudly South African business focused on oil and gas exploration throughout the continent providing constructive performance producing quality results and returns on investment. Ultron Energy is dedicated to discovering new potential in underexplored sedimentary basins in Africa.
team
