Havoc Partners and its subsidary Harmattan Energy Ltd currently hold investments in resource focused activities in Africa and North America. Details of the partners existing principal investments are provided below. Thus far the partnership and its antecedent’s have been self-funded.
CANADA, CALIMA ENERGY
In 2017 Havoc sold one of its subsidiaries, Calima Energy Jersey Limited, to ASX listed Azonto Petroleum. Calima was the owner of Havoc’s interests in TMK Montney Limited (Canada), Bahari Petroleum Limited (Comoros) and four PSC’s offshore Western Sahara. As part of the transaction the Havoc team agreed to provide management services to the company which was renamed as Calima Energy Limited (ASX:CE1).
Calima is currently focused on the development of its Montney acreage, located in BC, Canada. The Montney is a pervasive hydrocarbon system over 100km wide that is rapidly emerging as one of North America's premier resource plays. In 2014 the Canadian Government estimated the ultimate potential, commercial volumes of unconventional petroleum in the Montney formation to be 449 tcf of natural gas, 14.5 bnbbls of natural gas liquids (NGLs) and 1.1 bnbbls of oil. Calima’s landholding of 72,000 acreas in north east British Columbia is estimated to have an un-risked prospective resource of 475 mmboe based on 400 potential well locations.
NAMIBIA, HARMATTAN ENERGY
Harmattan Energy Ltd, a wholly owned subsidiary of Havoc Partners LLP. Harmattan has entered into a Petroleum Agreement for offshore Block 2813B covering an area of 5,433 sqkm in the Orange River Basin of Namibia. The contract, which was awarded pursuant to a direct application to the Government, has an initial investment term of four years.
Harmattan holds a 14% equity position in the project.
DEMOCRATIC REPUBLIC OF CONGO, CENTRALE OIL & GAS
Havoc Partners through its wholly owned subsidiary Harmattan Energy Ltd has entered into a Technical Services Agreement with Centrale Oil & Gas which is privately owned company with interests in Cuvette Centrale Basin of the Democratic Republic of Congo. The Cuvette Centrale (or Congo Basin) is one of the world’s largest onshore sedimentary basins. It covers an area equivalent to 40% of the lower 48 states of the USA and yet only four exploration wells have been drilled. The Centrale license interests cover an area of 146,000 sq km. Havoc has designed a work programme using the latest in remote sensing and airborne multi-sensor technology to give new insights into this unexplored frontier.
The Technical Services Agreement gives Havoc an economic interest in the project subject to the satisfaction of some performance targets
COMOROS, BAHARI RESOURCES
Havoc Partners was a seed capital investor in Bahari Resources Limited a private Channel Islands registered company with oil and gas interests offshore the Comoros Islands. Bahari owns 40% of a Production Sharing Contract covering c. 18,000 km2 which is outboard of and on trend with Rovuma Offshore Areas 1 and 4, in Mozambique. Areas 1 and 4 are operated respectively by Anadarko Petroleum Corporation (US) and Eni SpA (Italy) and are approaching a combined 175 TCF in place of gas discoveries. Existing 2D seismic data indicates the extension of Rovuma basin floor fans continuing into the Comoros PSC licence area.
The shareholders of Bahari Holding Company have agreed to sell their 40% interest in Production Sharing Contract covering Blocks 35, 36 and 37 to Discover in exchange for 5% of the enlarged share capital of Discover. Discover is a private equity backed E&P company financed by Carlyle International Energy Partners, a $2.5 billion fund associated with the Carlyle Group. Discovery holds a diverse and substantial portfolio of quality hydrocarbon acreage around the world.
NIGERIA, SIRIUS PETROLEUM
Sirius Petroleum is an AIM listed company (SRSP:AIM) focused on oil and gas development and production opportunities in Nigeria. Havoc provides technical services to Sirius and has two representatives on the Technical Advisory Committee (TAC).
Havoc Partners are currently assisting Sirius with the planning, drilling and development of the Ororo oil and gas field, OML 95.
TANZANIA, HELIUM ONE
Havoc Partners was an early seed capital investor and provides technical and advisory services to Helium One Ltd, a privately owned company focused on the exploration and development of potentially globally significant Helium gas resources in Tanzania. Helium One has established a significant acreage position in the Rukwa area, with additional positions in Balangida and Eyasi. All three areas contain sampled natural helium seeps.
Helium One is employing exploration techniques, data and technologies developed in the hydrocarbon sector to target and develop economic reserves of Helium
WESTERN SAHARA, HANNO RESOURCES
Hanno Resources Limited is a private company that was established by Jonathan Taylor and Alan Stein in 2006 to complete an evaluation of the mineral resources of the Saharawi Arab Democratic Republic (SADR), commonly referred to as Western Sahara, under a Technical Co-operation Agreement. Following presentation of the results of this study, Hanno subsequently fulfilled work programmes in 7 mining licences; undertaking detailed mapping and sampling programmes. This work has resulted in definition of the notable Oum Abana Greenstone Belt (Au) and the Elmalhat Anorthosite Complex (Ni-Cu-Au,Cr-PGM, Fe-Ti-V). Hanno is continuing its work in both areas to determine the potential for commercial deposits.