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
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.
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
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:
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.
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
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
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
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
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
Website: https://cnoocinternational.com/
Elliott Management
Website: https://www.elliottmgmt.com/
Qatar Petroleum
Website: https://qp.com.qa/
Cataleya Energy
Website: https://oilnow.gy/tag/cataleya-energy-limited/
Mid Atlantic Oil & Gas
Website: https://oilnow.gy/tag/mid-atlantic-oil-and-gas-inc/
JHI Associates Inc.
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
Tags: Reports