OUR OBJECTIVES

Development, structure, and execution for the acquisition of a participating interest in a Venezuelan upstream oil and gas asset under a Hydrocarbon Production Sharing Contract (PSC) / Contrato de Participación Productiva de Hidrocarburos (CPPH), which can be accomplished through the following methods:

  • Identify the potential fields through Key Contacts

  • Create a Letter of Intention, including the investment proposal

  • Follow the CIIP (Centro Nacional de Inversión Productiva) milestones:

  • Initial Meeting Introduction

  • NDA

  • Due Diligence

  • Project Presentation

  • CIIP Analysis

  • Final Signature and License

For other oil and gas exploration and production services, GEOSERTEC has a consortium with Venezuela's most reliable local operators. Below are the specific studies GEOSERTEC offers:

  • Geology of the Surface

  • Soil Study

  • Topographic Survey (Terrestrial, Photo scan and Drone Technology)

  • Geotechnical Study

  • Characterization

WORKPLAN

Asset Screening

Technical-Productive Analysis

Economic Modeling

Fiscal & Contractual Analysis

Valuation & Recommendation

Project Creation & Management

Challenges

•Suitable investment opportunity search — area to be reactivated.

• Close the gap between the apparent value of an asset and its pragmatic value, distorted by incomplete information, contractual risks, or limitations of the existing infrastructure.

Proposed Solutions

• Asset opportunities based on a detailed technical, operational, economic, and legal evaluation.

•Identified opportunities will be properly managed and operated by our team.

  • Assurance of stable and permanent production.