Guyana Exploration & Production Public Equity Investment Overview

Smart City Clearing Company Ltd. issues a report on ways for the instituitional investors and retail investors can gain access to Guyana's growth through the various publicly traded International Oil Companies, Oil Field Service Companies, and the Junior Exploration and Production Companies working in Guyana. As of the date of this report these are the players currently active in Guyana's 10 Billion Barrel Oil and Gas Field.

 

Pension Funds, Hudge Funds, Asset Managers, Family Offices and Friends and Family are always asking Smart City Clearing Company Ltd. (Sc3) how they can get exposure to Guyana’s growth through public equities.

Because Guyana’s main oil find is owned by ESSO Guyana, a group led by XOM as operator which includes HESS, & Cnoox Nexen as their farm in partners. Guyana has a surprisingly small amount of active junior explorers. The Sc3 team has put together this report to help give investors and asset managers a central resource as to how they can gain exposure to the world’s fastest growing economy.

This report is to serve as an overview of which publicly traded companies are active in Guyana. The team has not looked at any of the individual stocks and is not suggesting to make any buy or sell recommendations off of this analysis. Sc3 strongly advises that you speak with your broker or financial advisor and fully investigate the stocks mentioned in this report and in conjunction with your team make your own investment decisions about whether to pursue allocation to companies that have exposure to the fastest growing economy in the world — Guyana, South America.

Another way to get exposure to Guyana’s rapid growth would be through investing in the publicly traded Oil Field Service Companies that are currently active in Guyana. The below list includes the majority of the major oil field service companies taking part in producing oil in Guyana.

Oil was discovered by ExxonMobil and their partners HESS & CNOOC Nexen on May 20, 2015 and production of first oil occurred on December 20, 2019 from the FPSO Liza Destiny.

We have broken down our analysis by the following cohorts:
*Main Market Players
*
OTC, Foreign Stock Exchanges, & Bulletin Board Listed Companies
*Major Privately Held Companies
*Active Hedge Funds
*Public Oil Field Service Companies Active in Guyana
*Major Privately Held Oil Field Service Companies

Scroll down for more information

Main Market Players

ExxonMobil

 
XOM Guyana ESSO Guyana has active interests in Starbroek, Kaieteur and Canje Blocks XOM
XOM Currently has active interests in the Starbroek, Kaieteur & Canje Blocks

Website: https://corporate.exxonmobil.com/

Stock Exchange: NYSE
Ticker: XOM
Established Presence in Guyana: Pre-First Oil
Stock Price as of announced discovery: $87.13
Stock Price as of first oil: $69.39
Stock Price as of 1/31/2021: $44.84
Active Interests as of 1/31/21:
Starbroek Block: 45%
Canje Block: 35%
Kaieteur Block: 35%

Hess Co.

 
HESS owns 30% of the Starbroek block in Guyana South America
HESS owns stakes in both the Starbroek Block & Kaieteur Block in Guyana South America

Website: https://www.hess.com/

Stock Exchange: NYSE
Ticker: HES
Established Presence in Guyana: Pre-First Oil
Stock Price as of announced discovery: $67.95
Stock Price as of first oil: $66.89
Stock Price as of 1/31/2021: $53.98
Active Interests as of 1/31/21:
Starbroek Block: 30%
Kaieteur Block: 15%

Total SE

 
Total Guyana South America Working Interest in the Canje Block, Kanuku Block, & Orinduik Block
Total has interests in the Canje, Kanuku, and Orinduik Blocks

Website: https://www.total.com/

Stock Exchange: OTCMKTS
Ticker: TTFNF
Established Interest in Guyana: 2/5/18
Stock Price as of first Guyana Activity: $54.17
Stock Price as of first oil: $54.30
Stock Price as of 1/31/2021: $43.12
Active Interests as of 1/31/21:
Canje Block: 35%
Kanuku Block: 15%
Orinduik Block: 15%

OTC, Foreign Stock Exchanges, & Bulletin Board Listed Companies:

Eco (Atlantic) Oil & Gas:

 
ECO Atlantic Guyana South America holds a license in the Orinduik Block of the Guyana-Suriname basin
Eco holds a license in the Orinduik Block of the Guyana-Suriname basin

Website: https://www.ecooilandgas.com/

Stock Exchange: OTCMKTS
Ticker: ECAOF
Established Interest in Guyana: Pre 2015
Stock Price as of announced discovery: $.90
Stock Price as of first oil: $.60
Stock Price as of 1/31/2021: $.28
Active Interests as of 1/31/21:
Orinduik Block: 15%

CGX Energy Inc.

 
CGX Guyana has active interests in the Corentyne Block and Demerara Block
CGX has Active interests in the Corentyne & Demerara Blocks

Website: https://cgxenergy.com/

Stock Exchange: OTCMKTS
Ticker: CGXEF
Established Interest in Guyana: Pre 2015
Stock Price as of announced discovery: $.50
Stock Price as of first oil: $.38
Stock Price as of 1/31/2021: $.39
Active Interests as of 1/31/21:
Corentyne Block: 66%
Demerara Block: 66%

Frontera Energy Company

 
Frontera acquired interests in the Corentyne Block and Demerara Block in Guyana South America in 2018 FECCF
Frontera acquired interests in the Corentyne Block and Demerara Block in Guyana South America in 2018

Website: https://www.fronteraenergy.ca/

Stock Exchange: OTCMKTS
Ticker: FECCF
Established Interest in Guyana: December 11, 2018
Stock Price as of announced discovery: Not Active
Stock Price as of first oil: $7.04
Stock Price as of 1/31/2021: $2.92

Active Interests as of 1/31/21:
Corentyne Block: 33%
Demerara Block: 33%

Repsol Energy Company

 
Repsol has a stake in the Kanuku Block in Guyana’s Offshore Oil Block REPYY
Repsol has a stake in the Kanuku Block in Guyana’s Offshore Oil Block

Website: https://www.repsol.com/

Stock Exchange: OTCMKTS
Ticker: REPYY
Established Interest in Guyana: Pre 2015
Stock Price as of announced discovery: $18.10
Stock Price as of first oil: $15.79
Stock Price as of 1/31/2021: $9.83
Active Interests as of 1/31/21:
Kanuku Block: 37.5%

Ratio Petroleum

 
Ratio owns a 25 stake of the Kaieteur Block in Guyana South America RTPT
Ratio owns a 25% stake of the Kaieteur Block in Guyana South America

Website: https://www.ratiopetroleum.com/

Stock Exchange: TASE (Tel Aviv Stock Exchange)
Ticker: RTPT-L.TA
Established Interest in Guyana: Pre 2015
Stock Price as of announced discovery: Unlisted
Stock Price as of first oil: ILA 328.30
Stock Price as of 1/31/2021: ILA 132.20
Active Interests as of 1/31/21:
Kaietuer Block: 25%

Tullow Oil

 
Tullow has stakes in the Orinduik Block and Kanuku Block in Guyana’s Offshore Oil Field TUWOY
Tullow has stakes in the Orinduik Block and Kanuku Block in Guyana’s Offshore Oil Field

Website: https://www.tullowoil.com/

Stock Exchange: OTCMKTS
Ticker: TUWOY
Stock Price as of announced discovery: $3.19
Stock Price as of first oil: $.41
Stock Price as of 1/31/2021: $.17
Active Interests as of 1/31/21:
Kanuku Block: 37.5%
Orinduik Block: 60%

Major Privately Held Companies:

CNOOC NEXEN

 
CNOOC has a stake in the Starbroek Block in Guyana South America
CNOOC has a stake in the Starbroek Block in Guyana South America

Website: https://cnoocinternational.com/

Elliott Management

 
Elliott Management learned about Guyana through its position in HES and then invested in Cataleya
Elliott Management learned about Guyana through its position in HES and then invested in Cataleya

Website: https://www.elliottmgmt.com/

Qatar Petroleum

 
Qatar Petrloleum bought into Total’s farm in and has stakes in both the Orinduik & Kanuku Blocks
Qatar Petrloleum bought into Total’s farm in and has stakes in both the Orinduik & Kanuku Blocks

Website: https://qp.com.qa/

Cataleya Energy

 
Cataleya Energy has a 25% stake of the Kaieteur Block in Guyana South America
Cataleya Energy has a 25% stake of the Kaieteur Block in Guyana South America

Website: https://oilnow.gy/tag/cataleya-energy-limited/

Mid Atlantic Oil & Gas

 
Mid Atlantic has a 15% stake in the Canje Block in Guyana’s Offshore Oil Blocks
Mid Atlantic has a 15% stake in the Canje Block in Guyana’s Offshore Oil Blocks

Website: https://oilnow.gy/tag/mid-atlantic-oil-and-gas-inc/

JHI Associates Inc.

 
JHI has a 15% stake in the Canje Block after Total and XOM farmed into the Guyanese Block
JHI has a 15% stake in the Canje Block after Total and XOM farmed into the Guyanese Block

Website: https://www.jhiassociates.com/

Active Hedge Fund Exposure:

Westmount Energy Ltd.

 

Website: https://www.bloomberg.com/profile/company/WTE:LN

Stock Exchange: OTCMKTS
Ticker: WMELF
Established: January 19, 2020
Stock Price as of announced discovery: Not Trading
Stock Price as of first oil: Not Trading
First Trade: $.29
Stock Price as of 1/31/2021: $.29

Public Oil Field Service Companies Active in Guyana

Schlumberger

 

Website: https://www.slb.com/

Stock Exchange: NYSE
Ticker: SLB
Stock Price as of announced discovery: $92.43
Stock Price as of first oil: $39.43
Stock Price as of 1/31/2021: $22.10

Halliburton

 

Website: https://www.halliburton.com/

Stock Exchange: NYSE
Ticker: HAL
Stock Price as of announced discovery: $45.91
Stock Price as of first oil: $24.49
Stock Price as of 1/31/2021: $17.63

SBM Offshore

 

Website: https://www.sbmoffshore.com/

Stock Exchange: AMS
Ticker: SBMO
Stock Price as of announced discovery: $12.40 (Quoted in Euros)
Stock Price as of first oil: $16.26 Euros (Quoted in Euros)
Stock Price as of 1/31/2021: $14.17 Euros (Quoted in Euros)

TechnipFMC

 

Website: https://www.technipfmc.com/

Stock Exchange: NYSE
Ticker: FTI
Stock Price as of announced discovery: $42.93
Stock Price as of first oil: $20.51
Stock Price as of 1/31/2021: $10.69

Saipem

 

Website: https://www.saipem.com/

Stock Exchange: OTCMKTS
Ticker: SAPMF
Stock Price as of announced discovery: $16.48
Stock Price as of first oil: $4.71
Stock Price as of 1/31/2021: $2.60

Baker Hughes

 

Website: https://www.bakerhughes.com/

Stock Exchange: NYSE
Ticker: BKR
Stock Price as of announced discovery: $65.85
Stock Price as of first oil: $25.09
Stock Price as of 1/31/2021: $20.05

National Oil Well Varco

 

Website: https://www.nov.com/

Stock Exchange: NYSE
Ticker: NOV
Stock Price as of announced discovery: $50.71
Stock Price as of first oil: $24.94
Stock Price as of 1/31/2021: $12.38

Noble Holding Corporation plc

Website: https://www.noblecorp.com/

Stock Exchange: OTCMKTS
Ticker: NEBLQ
Stock Price as of announced discovery: $17.10
Stock Price as of first oil: $1.20
Stock Price as of 1/31/2021: $.06

Private Oil Field Service Companies

Stena Drilling

 

Website: https://www.stena-drilling.com/
Service Provided: Drilling Services

Edison Chouest Offshore

Website: http://www.chouest.com/
Service Provided: Offshore Vessels

Harvey Gulf

 

Website: http://harveygulf.com/
Service Provided: Offshore Vessels

Tiger Tanks

 

Website: https://tigeroffshorerentals.com/
Service Provided: Offshore Rentals

Bourbon Offshore

 

Website: https://www.bourbonoffshore.com/
Service Provided: Offshore Supply Vessels

CTES — Century Tamara Energy Services Inc.

 

Website: http://www.ctes-inc.com/
Service Provided: General Oilfield Services

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