Purple Hydrocarbon Resources Ltd. is an indigenous upstream oil and gas company, which specialises in all aspects of oil and gas exploration, production and management. Purple Hydrocarbon is a private limited liability company, run by a group of professionals in oil and gas and other allied fields.
As a corporate organisation, Purple Hydrocarbon can be said to be young, however, it's founders and management personnel, who are mostly industry veterans, combine amongst them, several dozen man-years of industry practice and experience.
Particularly, but not exclusively, a main area of focus for Purple Hydrocarbon is the management of hydrocarbon reserves and the optimisation of production potentials of new and not so new fields. We have partnerships in place, which enables us offer Upstream Technical and Financial Oil and Gas Advisory services.
Purple Hydrocarbon is a dynamic company with potential to grow rapidly. In a short period of time, we have identified a balanced portfolio of highly prospective onshore and offshore oil and gas exploration and development assets. Purple Hydrocarbon aims to create shareholder wealth through participating in quality projects and pride ourselves on operating in a socially and environmentally responsible manner at all times.
Purple Hydrocarbon seeks to grow its business with a focus on Nigeria and Africa, and with the aim of ensuring the company has a well-stocked pipeline of opportunities at all stages of the exploration, development and production cycle.
Purple Hydrocarbon is focused on executing its corporate strategy and maintaining strong performance:
OUR CORE VALUE
Clear Strategy |
Growing an integrated business across exploration, development and production. Focus on Nigeria and onshore/offshore Africa. |
Strong Financials |
Cash, production revenue, farm-in deal and debt facility deliver funding for committed programme |
Operating Performance |
Establishing track record for reliable production, maturing projects and opportunity capture. Taking role of operator where it makes sense. |
Multiple Value Triggers |
Potential to drill exploration and development wells. Building portfolio balance between offshore and onshore. |
Strong Management |
Provides leadership and informed decisions through depth of technical and commercial experience. |
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