| Company Information |
| Address: |
162 Clontarf Road
Dublin 3
Ireland
|
Index: |
FTSE Aim All-Share
|
| Tel: |
+ 353 1 833 2833
|
Sector: |
Oil & Gas
|
| Fax: |
+ 353 1 833 3505 |
|
|
| E-Mail: |
info@panandeanresources.com |
Epic: |
PRE |
| Secretary: |
James Finn |
|
|
| Registrar: |
Computershare Investor Services Ireland Ltd
|
Updated: |
10/12/2009 |
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| CR Reports |
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| Description |
Report Date |
Published |
Current |
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 |
CR Report |
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No
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Company Overview
Pan Andean explores and produces oil and gas in South America and the Gulf of Mexico and is incorporated in the United Kingdom.
The company is debt free, cash positive.
Onshore and offshore oil and gas producer.
Proven and probable reserves of over 5 million barrels equivalent, of which approximately 65% are in the United States.
Participated in 8 exploration wells since 2004.
Estimated exploration upside in current portfolio exceeds 500 million barrels of oil and gas equivalent (unrisked).
Company Strategy
- To maximise production from our existing US onshore and offshore assets.
- To evaluate additional exploration opportunities for oil onshore and offshore Texas.
- To use the exploration skills developed in Bolivia to explore in South America. The first development is Block 114 in Peru.
- To build on experience and contacts in the Middle East to gain a foothold in the oil/gas sector.
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