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Oil exploration - Barclays Natural Resource Investments
Oil & Gas

Chrysaor is an oil & gas company focusing on development and commercialisation of dormant discoveries in the UK North Sea and Atlantic Margin. Led by Phil Kirk, management has built a portfolio of three development opportunities.

Enhance Energy is a Canadian Enhanced Oil Recovery (EOR) company, specializing in the application of advanced reservoir engineering techniques to extract more oil out of mature oil fields. Enhance is developing Alberta's largest CO2 pipeline distribution network to use manmade CO2 for CO2 enhanced oil recovery and permanent underground sequestration, and is also pursuing other complementary forms of EOR. Enhance was recently awarded a grant of C$495 million by the Government of Alberta to progress its CO2 project.

CEOC is a Central and Eastern European oil development business formed by senior managers from NOCs in the region, led by Andrija Kojakovic. CEOC will use its strong balance sheet and technical/ operational expertise to develop and enhance production in NOC-owned assets.

Management team led by Richard Hall and Rory Edwards. Nio focuses on marginal oil & gas fields and late life developments in South East Asia. Hall and Edwards each have c.30-years multi-faceted sector experience, and have recently signed a PSC covering two offshore blocks in Malaysia, in partnership with Lundin Petroleum.

Oil and gas development business led by Paul Nimmo to focus on undeveloped discoveries, marginal oil fields and late-life assets in and around Australasia. Paul Nimmo has nearly 30 years of oil and gas experience, most recently at Horizon Oil which he co-founded, and prior to that with Ampolex and Shell.