Pinnacle Energy Ltd

E&P Consultancy

Chronology

Apr - Current -
geological and geophysical work in North Falklands Basin
Jul -
presentation to oil companies and financial analysts as part of Baker Tilly Seminar
Jun -
review development/exploration opportunity covering several areas onshore Italy
Apr - May -
reservoir engineering and petrophsyical study of field offshore Norway
Apr -
review potential field acquisition onshore Oman
Feb -
provided geological technical audit on asset sale Inner Moray Firth
Jan -

Pinnacle Energy joins “UK Arbitration Club – Oil & Gas Branch”

Jan -
develop drilling targets onshore UK
   

 

Dec -
Review of Central N. Sea asset package of producing fields for potential acquirer involving full geology, geophysics, reservoir engineering and facilities review
Nov -
Technical work and farm-out of a deepwater block West Africa
Nov -
Valuation of indigenous company’s offshore Angola licences
Oct -
Technical work and farm-out of a deepwater block West Africa

Oct-

Investigation of geothermal potential onshore Western Europe

Sep - Oct -

review producing field onshore Algeria with specific aim of identifying future upside

Jun - Aug-

carry out valuation of the assets of  Volantis Oil & Gas for Atlantic Petroleum leading to their acquisition of Volantis in May 2011.
May - Sep  -

Petrophysical Analysis of wells offshore Denmark

Sep -
Pinnacle Directors present to  University of Colorado Denver Business School Global Energy Management (GEM) Program
Jul -

Produced Field Development Plan for UK Onshore Gas Field

September - Evaluation of N African Oil Field for purchaser

Jun- Aug -
Valuation of Corporate Acquisition N W Europe for purchaser
Jan-Jun - 
Technical work for clients for UK 26th Onshore Round of Offshore Licensing 

 

Aug - Oct -
Performed as an Expert Witness regarding a contract dispute with damages at an Arbitration Tribunal in Stockholm Sweden
Jan - Aug -
Provided technical support to farm-out deepwater block West Africa 
Feb  -
Produced Field Development Plan for several onshore West Europe fields
Jan - May -
Assisted in sale of Bow Valley Petroleum to Dana plc
Nov 08 - Aug 09 -
Provide chief negotiator for contract negotiations on third party access to North Sea Platform
May - Aug  -
Petrophysical analysis Central North Sea Field 
   
Oct - Nov -
Reviewed Egyptian production opportunity for client
Jan - May -
Provided co-ordination and technical team for UKCS 25th Round Applications
Provided Accounting Director to operating UK company
Jun - Aug -
Provided full team to evaluate Murphy UKCS package
Mar - Jun -
Provided technical support to in depth evaluation of deep water Angola package
Feb -
Pinnacle installed a UK accounting system for North Sea operator, Bow Valley Petroleum UK.
Provided technical support to drilling of three Bow Valley operated wells in the Central N Sea including one High Pressure well.
Dec 07 - Feb 08 -
Provided technical co-ordination and assistance to Egdon Resources for Onshore UK  13th Round resulting in the award of six new licences in May 2008
Mar 07 - Feb 08 -
Provided subsurface technical team on reservoir characterisation study for Azerbaijan onshore Mishovdag Field in support of produced water disposal project (BP/Karasu Joint Study)
   
Nov -
Acting on behalf of Bow Valley Petroleum (UK) Ltd, Pinnacle provided all the technical and legal support in the successful farmout of UKCS exploration well 9/29b-R to Marathon Oil UK Ltd and Vaalco. The farminees will pay 93% (approx) of the cost to earn approx 63% of the equity. The well,a Jurassic test, is due to spud in mid November 2007.
Oct -
Pinnacle provided technical and legal support in the acquisition by Egdon Resources plc of the onshore UK licences held by Stag Energy Ltd. One licence contains the Eakring-Dukes Wood abandoned oil field which produced from 1940 until 1966. Egdon believe there is potential to rejuvenate the field to take advantage of increased oil prices, improved technology and the recognition of undrilled and undrained parts of the field.
Oct -
Led by Pinnacle Director Peter Gunn, the company provided legal, financial and tax advice on behalf of Newfield Exploration Company in the successful sale of their UK subsidiary for approx $500 million to Centrica plc.
Jun 06 - Feb 08-
provided subsurface evaluation on the Lokbatan Oil Field, onshore Azerbaijan, as a candidate site for BP’s “Produced Water Disposal Project” from their giant Azer-Chirag-Gunashli (ACG) offshore field complex 
Mar -
Pinnacle provide business link Francois Demargne as Country Manager for France for Egdon Resources Plc
Feb -
Pinnacle client Bow Valley awarded Block 22/11b in the UK 24th Round - all the technical work for the Application was carried out by Pinnacle Energy
   
Aug -
Pinnacle contracted on BP's Russian Samotlor Field Reserves
May -
Successful Onshore UK Farmout
Pinnacle acting on behalf of Egdon Resources & Sterling Resources, carried out all the technical work and the commercial and legal negotiations leading to the farmout of a net 45% interest in UK Onshore Licence PEDL 071.
The farminees are Granby Oil & Gas, together with two UK subsidiaries of Gas Plus Italiana. Granby said there are several prospects and leads in the licence and a well is planned on the Fraisthorpe prospect for later this year or early 2007.
Granby will earn a 10% interest in the licence, with the company's share of the cost of drilling and testing an exploration well on the Fraisthorpe prospect fully carried by Gas Plus. Gas Plus will earn a 35% interest in the licence.
May -
Director Kevin Sylvester presented at DEVEX 2006, Aberdeen, "Balakhany IX & X Integrated Studies, SWG Field, Caspian Sea
Feb -
Director Rob Wallace appointed Secretary of Mediterranean, Middle East and Africa (MMEA) London Scout Group
Nov -
Developed complete HSE package for new UKCS operator.
Oct -
Technical audit of a Middle East fabrication yard

Project accounting set-up for the Grove gas field development, UKCS
Sep -
Legal and accounting advice for successful AIM flotation for WHAM Energy
Sep -
Pinnacle’s technical work leads to successful UK 23rd Round Awards to Bow Valley (Blks 9/28b & 16/27c)
Jun -
Pinnacle’s technical work leads to acquisition of UKCS blk 16/27aN for Bow Valley Petroleum
Apr & Oct -
Director Kevin Sylvester presents Caspian paper at both PESGB London and Aberdeen branches
Feb -
Pinnacle moves into new, larger offices at Saxon House, Castle Street, Guildford
   
Dec -
Legal and accounting advice for successful AIM flotation for Egdon Resources
May -
Director Kevin Sylvester presents paper at AAPG Hedberg Conference, Baku Azerbaijan entitled “Balakhany IX & X Integrated Studies, Shallow Water Gunashli Field, Caspian Sea”
Dec -
Director Peter Gunn is appointed to OGIA (Oil & Gas Independents Association) as representative on the Inland Revenue Energy Group
   
Dec 03 -
Director Peter Gunn presents paper at the “Successful Finance Strategies for the Evolving North Sea” conference in Aberdeen, entitled "Finding the Right Financial Strategy in the UKCS".
Jan 03 -
Pinnacle expands team (function & expertise) with “Business Links”
Jun 02 -
Director Peter Gunn appointed Company Secretary to OGIA (Oil & Gas Independents Association)
Dec 99 -
Pinnacle moves into new office on High St, Guildford
Jun 99 -
Walter Roberts has provided all RWE Dea's legal support on operations and joint venture business in Egypt
May 99 -
Pinnacle Energy Limited formed with 6 Directors who recently worked together with a major independent E&P company based in Guildford, Surrey UK.