H Oil Group

Founded 1986
Oil & gas operations in over 30 countries worldwide
One of world’s 10 largest private oil companies
Total assets approx US$ 60bn (2005)
Oil Reserves > 1.16 billion boe (2005)
Oil Production 531,000 bopd (2005)
>35,000 employees worldwide
Major investor in environmental, education, cultural, social and sporting initiatives

Mr. Alfonso Cortina
Former CEO of Repsol YPF *

Nine years as Chairman and Chief Executive Officer of Repsol YPF (‘96 – ‘05)
Professional private investor in African upstream oil & gas exploration
One of the foremost Spanish corporate executives
Senior Advisor of Texas Pacific Group Fund in Spain
Past & Present Chairman and CEO of numerous Spanish multinationals including Inmobilaria Colonial, S.A., Banco Central Hispano, FCC et. al.
Masters in Engineering and Economics, Madrid

Founded in 1976 as Angola’s state-owned energy corporation
Overall management of Angola's petroleum and natural gas reserves
Annual Revenues of US$ 9.5 bln (2005)
Oil Reserves > 3.6 bln boe (Q3 2006 estimate)
Oil Production 496,000 bopd (2005)
5,500 employees worldwide
Operations throughout Angola & offices in Congo, China, USA, UK and Singapore
Over 30 subsidiaries including Shipping, Telecoms, Airlines, Banking, Logistics and Retailing
Sponsors of the Arts / Sports and Humanities throughout Africa

H Oil often conducts its oil exploration, trading and infrastructure projects in joint venture with global industry leaders
H Oil has a strategic relationship in upstream in oil & gas activities with:

H Oil’s strategic partners for import/export of capital goods and infrastructure projects include:

H Oil Group is newly installed in DRC
Office facilities opened in Nov 2007
Applications with Ministry of Hydrocarbons for two exploration blocks of exceptionally high potential
Products supply to La Congolaise des Hydrocarbures under discussion

H Oil Group in Nigeria since 1970
One of first export cargoes of crude oil from Nigeria was purchased by H Oil’s President while at Glencore
Partners with El Shaddai Petroleum Ltd., an important indigenous firm, with an option to acquire OPL-294 (est. unrisked reserves of 400m boe), awarded in the 2007 Bid Round
Lifted 100,000 bbl/day of Oso Condensate, Forcados and Pennington during the 1990s
Supplied 600,000MT of petroleum products annually to PPMC during the 1990s
Won tender for OPL-246 on behalf of Petrobras and Total in 1998

H Oil Group in Luanda since 2001
Joint venture with Grupo Gema, important indigenous group, for oil & gas exploration (Chairman is former Secretary of Council of Ministers and Head of Civil Branch of Government)
Reviewing licence awards in the upcoming Kwanza Basin (onshore) round (2007/2008)
$400M Contract for upgrading of Luanda backbone telephone network (2007)
$170M hospital design & construction contract (2007)
$200M network upgrade for Radio Nacional de Angola (2005/2006)

martes, 18 de diciembre de 2007