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GUYANA
EXPLORATION & PRODUCTION
PUBLIC EQUITY OVERVIEW
F I N D I N G P U B L I C E Q U I T Y O P P O R T U N N I T I E S T O P A R T I C I P A T E I N G U Y A N A ' S G R O W T H
Q 1 2 0 2 1
TRADING GUYANA
Oil was discovered byXOM on May 20, 2015
Production of first oil occurred on
Pension Funds, Hudge Funds, Asset Managers,
Family Offices, as well as Friends and Family are
always asking Smart City Clearing Company Ltd.
(Sc3) how they can get exposure to Guyana’s
growth through public equities.
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 comprehensive overview as to how
they can gain exposure to the world’s fastest
growing economy.
The team has not looked at any of the
individual stocks and is not making any buy or
sell recommendations from this analysis.
Key Facts:
December 20, 2019 from the FPSO Liza
Destiny.
WHO IS NEXT?
Who will be Guyana's next Oil Field IPO? Sc3
Breaks down the remaining owners and privately
held companies who still have large stakes in
Guyana's Oil Blocks. The companies are still
pursuing their drill campaigns and waiting to see
the next round of results as they continue to
participate and develop Guyana's offshore oil
resource. Once complete they will determining
how best to capitalize their future development.
P A G E 3
OIL FIELD SERVICE
COMPANIES
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 Companies listed
in this report should cover the majority of the
major oil field service companies with operations
in Guyana:
P A G E 4
P A G E 1
MAIN MARKET PLAYERS IN GUYANA
Starbroek Block: 45%
Canje Block: 35%
Kaieteur Block: 35%
Website:
https://www.exxonmobil.com/
Stock Exchange: NYSE
Ticker: XOM
Established Presence in Guyana:
Pre-First Oil
Stock Price as of 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:
Canje Block: 35%
Kanuku Block: 15%
Orinduik Block: 15%
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:
Starbroek Block: 30%
Kaieteur Block: 15%
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:
OTC, FOREIGN STOCK EXCHANGES, &
BULLETIN BOARD LISTED COMPANIES
Kanuku Block: 37.5%
Orinduik Block: 60%
Website:
https://www.tullowoil.com/
Stock Exchange: OTCMKTS
Ticker: TUWOY
Established in Guyana: 2016
Stock Price as 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:
Orinduik Block: 15%
Website:
https://www.ecooilandgas.com/
Stock Exchange: OTCMKTS
Ticker: ECAOF
Established in Guyana: Pre 2015
Stock Price as of discovery: $.90
Stock Price as of first oil: $.60
Stock Price as of 1/31/2021: $.28
Active Interests as of 1/31/21:
Kanuku Block: 37.5%
Website:
https://www.repsol.com/
Stock Exchange: OTCMKTS
Ticker: REPYY
Established in Guyana: Pre 2015
Stock Price as of 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:
Corentyne Block: 66%
Demerara Block: 66%
Website:
https://cgxenergy.com/
Stock Exchange: OTCMKTS
Ticker: CGXEF
Established in Guyana: Pre 2015
Stock Price as of discovery: $.50
Stock Price as of first oil: $.38
Stock Price as of 1/31/2021: $.39
Active Interests as of 1/31/21:
Kaietuer Block: 25%
Website:
https://www.ratiopetroleum.com/
Stock Exchange: TASE (Tel Aviv SE)
Ticker: RTPT-L.TA
Established in Guyana: Pre 2015
Stock Price as of 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:
Corentyne Block: 33%
Demerara Block: 33%
Website:
https://www.fronteraenergy.ca/
Stock Exchange: OTCMKTS
Ticker: FECCF
Established in Guyana: 12/11/18
Stock Price as of 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:
G U Y A N A
E X P L O R A T I O N & P R O D U C T I O N
P U B L I C E Q U I T Y O V E R V I E W
P A G E 2
PUBLICLY TRADED HEDGE FUNDS
Website:
None
Stock Exchange: OTCMKTS
Ticker: WMELF
Established: January 19, 2020
Stock Price as of discovery: Not
Trading
Stock Price as of first oil: Not
Trading
First Trade : $.29
Stock Price as of 1/31/2021: $.29
PRIVATELY HELD COMPANIES
25% stake in the Kaieteur Block
·
Website:
None
·
Active Interest:
15% stake in the Canje Block
·
Website:
https://www.jhiassociates.com/
·
Active Interest:
15% stake in the Canje Block
·
Website:
None
·
Active Interest:
25% of the Starbroek Block
·
Website:
https://cnoocinternational.com/
·
Active Interest:
·
Website:
https://www.elliottmgmt.com/
·
Previous Interest:
Starbroek Block through its >5% stake
in HES
Active Interest:
Kaieteur Block through its major stake
in Cataleya Energy
10% stake in the Kanuku Block
10% stake in the Orinduik Blocks
Website:
https://qp.com.qa/
·
Active Interest:
G U Y A N A
E X P L O R A T I O N & P R O D U C T I O N
P U B L I C E Q U I T Y O V E R V I E W
P A G E 3
PUBLICY TRADED
OIL FIELD SERVICE
OPERATORS IN GUYANA
Website:
https://www.slb.com/
Stock Exchange: NYSE
Ticker: SLB
Stock Price as of discovery: $92.43
Stock Price as of first oil: $39.43
Stock Price as of 1/31/2021: $22.10
Website:
https://www.nov.com/
Stock Exchange: NYSE
Ticker: NOV
Stock Price as of discovery: $50.71
Stock Price as of first oil: $24.94
Stock Price as of 1/31/2021: $12.38
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
Website:
https://www.sbmoffshore.com/
Stock Exchange: AMS
Ticker: SBMO
Stock Price as of discovery: $12.40
(Quoted in Euros)
Stock Price as of first oil: $16.26
(Quoted in Euros)
Stock Price as of 1/31/2021: $14.17
(Quoted in Euros)
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
Website:
https://www.saipem.com/
Stock Exchange: OTCMKTS
Ticker: SAPMF
Stock Price as of discovery: $16.48
Stock Price as of first oil: $4.71
Stock Price as of 1/31/2021: $2.60
Website:
https://www.noblecorp.com/
Stock Exchange: OTCMKTS
Ticker: NEBLQ
Stock Price as of discovery: $17.10
Stock Price as of first oil: $1.20
Stock Price as of 1/31/2021: $.06
Website:
https://www.bakerhughes.com/
Stock Exchange: NYSE
Ticker: BKR
Stock Price as of discovery: $65.85
Stock Price as of first oil: $25.09
Stock Price as of 1/31/2021: $20.05
G U Y A N A
E X P L O R A T I O N & P R O D U C T I O N
P U B L I C E Q U I T Y O V E R V I E W
P A G E 4

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Guyana Exploration & Production Public Co Overview

  • 1. GUYANA EXPLORATION & PRODUCTION PUBLIC EQUITY OVERVIEW F I N D I N G P U B L I C E Q U I T Y O P P O R T U N N I T I E S T O P A R T I C I P A T E I N G U Y A N A ' S G R O W T H Q 1 2 0 2 1 TRADING GUYANA Oil was discovered byXOM on May 20, 2015 Production of first oil occurred on Pension Funds, Hudge Funds, Asset Managers, Family Offices, as well as Friends and Family are always asking Smart City Clearing Company Ltd. (Sc3) how they can get exposure to Guyana’s growth through public equities. 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 comprehensive overview as to how they can gain exposure to the world’s fastest growing economy. The team has not looked at any of the individual stocks and is not making any buy or sell recommendations from this analysis. Key Facts: December 20, 2019 from the FPSO Liza Destiny. WHO IS NEXT? Who will be Guyana's next Oil Field IPO? Sc3 Breaks down the remaining owners and privately held companies who still have large stakes in Guyana's Oil Blocks. The companies are still pursuing their drill campaigns and waiting to see the next round of results as they continue to participate and develop Guyana's offshore oil resource. Once complete they will determining how best to capitalize their future development. P A G E 3 OIL FIELD SERVICE COMPANIES 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 Companies listed in this report should cover the majority of the major oil field service companies with operations in Guyana: P A G E 4 P A G E 1
  • 2. MAIN MARKET PLAYERS IN GUYANA Starbroek Block: 45% Canje Block: 35% Kaieteur Block: 35% Website: https://www.exxonmobil.com/ Stock Exchange: NYSE Ticker: XOM Established Presence in Guyana: Pre-First Oil Stock Price as of 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: Canje Block: 35% Kanuku Block: 15% Orinduik Block: 15% 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: Starbroek Block: 30% Kaieteur Block: 15% 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: OTC, FOREIGN STOCK EXCHANGES, & BULLETIN BOARD LISTED COMPANIES Kanuku Block: 37.5% Orinduik Block: 60% Website: https://www.tullowoil.com/ Stock Exchange: OTCMKTS Ticker: TUWOY Established in Guyana: 2016 Stock Price as 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: Orinduik Block: 15% Website: https://www.ecooilandgas.com/ Stock Exchange: OTCMKTS Ticker: ECAOF Established in Guyana: Pre 2015 Stock Price as of discovery: $.90 Stock Price as of first oil: $.60 Stock Price as of 1/31/2021: $.28 Active Interests as of 1/31/21: Kanuku Block: 37.5% Website: https://www.repsol.com/ Stock Exchange: OTCMKTS Ticker: REPYY Established in Guyana: Pre 2015 Stock Price as of 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: Corentyne Block: 66% Demerara Block: 66% Website: https://cgxenergy.com/ Stock Exchange: OTCMKTS Ticker: CGXEF Established in Guyana: Pre 2015 Stock Price as of discovery: $.50 Stock Price as of first oil: $.38 Stock Price as of 1/31/2021: $.39 Active Interests as of 1/31/21: Kaietuer Block: 25% Website: https://www.ratiopetroleum.com/ Stock Exchange: TASE (Tel Aviv SE) Ticker: RTPT-L.TA Established in Guyana: Pre 2015 Stock Price as of 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: Corentyne Block: 33% Demerara Block: 33% Website: https://www.fronteraenergy.ca/ Stock Exchange: OTCMKTS Ticker: FECCF Established in Guyana: 12/11/18 Stock Price as of 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: G U Y A N A E X P L O R A T I O N & P R O D U C T I O N P U B L I C E Q U I T Y O V E R V I E W P A G E 2
  • 3. PUBLICLY TRADED HEDGE FUNDS Website: None Stock Exchange: OTCMKTS Ticker: WMELF Established: January 19, 2020 Stock Price as of discovery: Not Trading Stock Price as of first oil: Not Trading First Trade : $.29 Stock Price as of 1/31/2021: $.29 PRIVATELY HELD COMPANIES 25% stake in the Kaieteur Block · Website: None · Active Interest: 15% stake in the Canje Block · Website: https://www.jhiassociates.com/ · Active Interest: 15% stake in the Canje Block · Website: None · Active Interest: 25% of the Starbroek Block · Website: https://cnoocinternational.com/ · Active Interest: · Website: https://www.elliottmgmt.com/ · Previous Interest: Starbroek Block through its >5% stake in HES Active Interest: Kaieteur Block through its major stake in Cataleya Energy 10% stake in the Kanuku Block 10% stake in the Orinduik Blocks Website: https://qp.com.qa/ · Active Interest: G U Y A N A E X P L O R A T I O N & P R O D U C T I O N P U B L I C E Q U I T Y O V E R V I E W P A G E 3
  • 4. PUBLICY TRADED OIL FIELD SERVICE OPERATORS IN GUYANA Website: https://www.slb.com/ Stock Exchange: NYSE Ticker: SLB Stock Price as of discovery: $92.43 Stock Price as of first oil: $39.43 Stock Price as of 1/31/2021: $22.10 Website: https://www.nov.com/ Stock Exchange: NYSE Ticker: NOV Stock Price as of discovery: $50.71 Stock Price as of first oil: $24.94 Stock Price as of 1/31/2021: $12.38 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 Website: https://www.sbmoffshore.com/ Stock Exchange: AMS Ticker: SBMO Stock Price as of discovery: $12.40 (Quoted in Euros) Stock Price as of first oil: $16.26 (Quoted in Euros) Stock Price as of 1/31/2021: $14.17 (Quoted in Euros) 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 Website: https://www.saipem.com/ Stock Exchange: OTCMKTS Ticker: SAPMF Stock Price as of discovery: $16.48 Stock Price as of first oil: $4.71 Stock Price as of 1/31/2021: $2.60 Website: https://www.noblecorp.com/ Stock Exchange: OTCMKTS Ticker: NEBLQ Stock Price as of discovery: $17.10 Stock Price as of first oil: $1.20 Stock Price as of 1/31/2021: $.06 Website: https://www.bakerhughes.com/ Stock Exchange: NYSE Ticker: BKR Stock Price as of discovery: $65.85 Stock Price as of first oil: $25.09 Stock Price as of 1/31/2021: $20.05 G U Y A N A E X P L O R A T I O N & P R O D U C T I O N P U B L I C E Q U I T Y O V E R V I E W P A G E 4