Home 06

Overview


Pacific Hunt Energy is an integrated exploration and production (E&P) player with drilling and energy solutions for the Australasian markets with a focus on acquiring and developing low marginal cost assets that allow the Group to maximize value through the execution of in-house exploration, intellectual property and farm-in opportunities.

 

Board of Directors Group Picture


Pacific Hunt Energy operates three main business segments in the oil & gas sector


Exploration and Production
Pacific Hunt is executing on and has a robust pipeline for farm-in opportunities with local partners on oil and gas upstream assets in Myanmar, Canada and Australia.
 
In 2013, Pacific Hunt Energy was awarded two Production Sharing Contracts (PSCs) onshore oil blocks by Myanma Oil and Gas Enterprise (MOGE) with a total concession area of 10.38 million acres. The Company thereby holds the largest onshore oil and gas exploration and development assets in Myanmar. The 2 blocks are PSC C-1 (Indaw-Yenan) located in the Chindwinn Basin and PSC H (Taungoo-Pyinmana) located in the Pegu Yoma and Sittoung Basin. Exploration of these two blocks is scheduled to commence in 2014.
 
Myanmar will be the first of many opportunities in the South East Asia region and the Company is moving quickly to acquire targeted assets in strategic markets. Pacific Hunt Energy is also executing on and has a robust pipeline for farm‐in opportunities with local partners on oil and gas upstream assets in Myanmar, Australia and Canada. 
 
Drilling Services
Pacific Hunt Energy owns 3 onshore drilling rigs through its subsidiary Hunt Energy & Mineral Pty Ltd. We utilize these drilling assets to facilitate our in-house exploration, farm-in opportunities and to support the implementation of our EOR projects. Hunt Energy & Mineral Pty Ltd.'s commitment to the Oil & Gas Industry has seen the company grow over the past 10 years into a competitive and efficient drilling contractor. The company has successfully completed contracts for operators including Beach Petroleum, Eastern Star Gas and PNC Aust.

Technology
Pilot Pacific Pte Ltd acquires from Pilot Energy Solutions, LLC, a Texas-based company that has developed specialized patented or patent-pending process technologies for gas processing in high CO2 and unconventional gas streams. This exclusive license provides for the use of these Enhanced Oil Recovery (EOR) technologies in Southeast Asia, Australia and New Zealand. These technologies have provided highly profitable gas processing solutions to some of North America’s largest oil and gas companies.

© 2014 Pacific Hunt Energy Pte Ltd. All Rights Reserved.