The Company was established in 2005 by a group of former ConocoPhillips executives with a wide experience of managing international oil and gas activities and a collective track record of success and achievement in a variety of corporate roles and international locations.

The Company's strategy has been to identify, evaluate and acquire new exploration ventures at the early E&P life cycle stage in order to minimise entry costs and with a clear plan to add significant value to the assets over time. The plan involves the design and execution of cost-effective work programmes with the objective of high-grading the best prospects for early drilling.

The Company has a strategic focus in Africa where it has acquired a balanced exploration portfolio consisting of a high potential offshore exploration licence in Morocco and an onshore licence in Tunisia on trend with existing producing oil fields.

The Company proactively manages its asset portfolio in order to balance its risk and cost exposure and it welcomes enquiries from prospective farminees.