H Oil Group

• Private corporation dedicated to upstream and downstream oil & gas activities (H Oil & Minerals) and infrastructure development (H.O.M.T.)
• Founded in Switzerland and Madrid in 1987 by a former founding member of Glencore International AG and other senior members of Glencore*
• Specialist in Africa and the Balkans
• Over 200 years combined senior management oil industry expertise, with previous discoveries in excess of 1.9 billion boe of hydrocarbons
• Focused on early stage acquisitions & equity investment in high quality upstream oil & gas exploration assets in Africa
• Historic trading volumes of up to 100,000 bbl/day
• Promotion, development and financing of infrastructure projects in Africa of > US$380 million in 2007

Álvaro Hachuel
Jacques Hachuel