Oil & Energy - , ,
Capitaine Energy Inc., is a private Canadian company founded in Calgary, Alberta in 2017; focused on ESG compliant, early development with high impact, step out exploration opportunities in the shallow offshore of the Republic of Gabon, AfricaOur Mission"...the best place to look for new oil is near the oil that has already been discovered"With its "new ideas in an old place" approach, Capitaine targets several sub-commercial discoveries; at least one of which, is a significant early development candidate. Additional, large upside exists in poorly understood, sandy "turbidite" systems with drill-ready, large, near to discovery, step-out locations already identified. One of the objectives, which has depositional similarities with large commercial fields such as Frigg and Miller in the North Sea, remains undrilled for over 35 years! Capitaine brings innovative new ideas and technologies to an enigmatic area, and this is recognised by the government hydrocarbon authorities; there is a high likelihood of being awarded blocks in the area. Starting with a clean slate, decades long experience and an extensive knowledge base, Capitaine is committed to operating in a sustainable manner with focus on best practice application with respect to Environmental, Social and Governance (ESG) matters. By applying responsible field development and monitoring practices, Capitaine Energy aims for top quartile metrics for greenhouse gas emissions (GHG). Capitaine's corporate governance policy will apply Canadian ethical standards to its business practices, its commitments to social development and to equal employment opportunities for national staff. ... "I have reviewed their work and it is very sound; the prospects are viable and the technical work done has, in my opinion, reduced the risk to what I believe to be an acceptable level to develop and explore with the drill bit".- Mike Bowman, Honorary Professor in the School of Natural Sciences, University of Manchester 2018.
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