Andes Energia revealed its fourth discovery in Argentina’s Vaca Muerta shale play, while the Las Varillas x-1 well was successfully fracked and tested.
Big picture - Why invest in Andes Energia PLC
Andes Energia PLC Snapshot
Andes Energia is a Latin American Group active in exploration, development and production of oil and gas for conventional and unconventional resources.
The Company’s focus is on the Latin American energy sector, which it believes offers premium assets at undervalued prices. The Company has compiled a diverse portfolio of assets in proven and prolific producing basins in Argentina, Colombia and Paraguay.
When searching for suitable investment opportunities, the Board will focus upon a number of key attributes, including;
Competent management, with a track record in current market conditions of building and managing a business, and the ability to deploy and manage capital within its designated business sector.
An ability to generate revenue streams with potential for growth
Business strategies which complement those of the Company and which will enhance the earnings and capital growth of the combined entity.
Applying this strategy Andes Energia will identify and evaluate a range of projects and where necessary utilize the capital markets to provide appropriate project finance for the rapid development of projects and to deliver value to vendors, partners and shareholders.
Exploration & Production Licenses
A portfolio of production, development and exploration licenses in proven, producing and prolific basins in Argentina and Paraguay.
Blocks in Argentina, Paraguay, Brazil and Colombia.
Nicolás Mallo Huergo - Chairman
Nicolás has almost 20 years experience in the energy markets and has executed many M&A transactions. He has a Law Degree from the Universidad Católica Argentina, and a Master in Law (LLM.) with honors at Northwestern University School of Law, Chicago, U.S.A.
Alejandro Oscar Jotayan - Chief Executive Officer
Alejandro Jotayan is a Industrial Engineer with a Masters Degree in Business administration. He has 18 years of experience in the oil and gas industry in the Americas and Europe. He was Head of Strategy and Business Development of YPF until leaving in 2012. Previously, Alejandro had held several managerial positions in the exploration and production departments of Repsol-YPF working on the commercial development of Vaca Muerta in the Neuquen basin. He had also held managerial positions in commercial analysis, strategic planning and control and shareholder reporting in the Techint Group of Companies (Tenaris, Ternium, Tecpetrol). Alejandro is well recognized in the industry as a professional leader in the conventional and unconventional hydrocarbons business, having comprehensive knowledge and experience in technical, commercial, economic and regulatory aspects.
German Rantfl - Chief Financial Officer
German is a Public Accountant from the University of Buenos Aires and has a Masters in Business Administration from CEMA. He spent nearly 11 years in the banking sector, including eight years at ING Barings as a Vice President in Corporate Finance and Investment Banking. He was previously the Chief Financial Officer of EDEMSA.
Mr Matthieu Milandri - Non-Executive Director
Aged 38. Matthieu has been Investment Director at Mercuria Energy Trading SA since December 2011, with a particular focus on upstream oil and gas assets. Prior to joining Mercuria, Matthieu was CFO of Candax Energy Inc, a TSX-listed upstream company and Business Development and Financing Manager at Geopetrol, a private upstream group. Matthieu spent nine years with BNP Paribas. He graduated from ESSEC Business School in 1998 with a degree equivalent to an MBA with a specialization in finance.
David Jackson - Non-Executive Director
David has more than 30 years experience in international banking and finance having held senior positions in Standard Chartered Bank (1990 – 2008), where he was a Managing Director in London and Hong Kong, Scandinavian Bank (1977 – 1990) in London, Bahrain, Singapore and Hong Kong where he was an Executive Director and a member of the Bank’s General Management Committee and Finance for Industry, now 3i, where he was a Senior Legal Advisor (1973 – 1977). He retired from Standard Chartered Bank in 2008 and is currently the Non-Executive Chairman of Old Park Lane Capital plc.
Carolina Landi - Non-Executive Director
Carolina graduated from the University of Buenos Aires in 2003 with a law degree, and obtained a LLM in Business Law from the University of Palermo in 2003. She previously practised as a lawyer at the firm Laporta-Lopez & Partners. Carolina is currently the legal representative for the Patagonia Petroleo UTE.
Javier Alvarez - Non-Executive Director
Javier is an Agricultural Engineer and has a Masters in Environmental Politics and Globalisation from King’s College, University of London. Javier is overseas director and member of the board of directors of the British Argentine Chambers of Commerce. Javier has 12 years experience in corporate social responsibility on natural resources projects.
Nigel Duxbury - Non- Executive Director
Nigel has extensive experience both as a finance director and senior executive in small and large quoted and unquoted companies within Europe, Asia and the USA. He has a background in finance and accountancy, having qualified as a chartered accountant with Touche Ross, London. He is currently a director of a number of AIM quoted companies.
Juan Carlos Esteban - Vice President of the Oil and Gas Operations
Holds a Civil and Petroleum Eng. Degree from the University of Buenos Aires. He worked 23 years in YPF as operations and planning manager in charge of Argentina and Bolivia. He was Head of Technical Staff of YPF where he oversaw more than 300 professionals. Previously General Manager of YPF in Mendoza in charge of Neuquina and Cuyana Basin.
Alan Stark - Vice President of Geoscience
Mr Stark is a geophysicist with 35 years E&P experience. He holds a BSc in Physical Geology from the University of Exeter and an MBA from the University of Durham. He has worked as a Geoscientist in Argentina for the last 24 years for both local and international companies: Cadipsa, Vintage Petroleum and Occidental. Prior to that he worked in Europe and China.
2nd Floor Berkeley Square House
W1J 6BD – London
Tel: +44 (0) 207 9691828
Ángel Carranza 1441
Ciudad Autónoma de Buenos Aires
Tel: +54 (11) 4779 4052
Tiburcio Benegas 843
(C5500), Mendoza, Argentina
Tel/Fax: +54 (261) 420 1067
Nominated Adviser and Broker
Westhouse Securities Limited
Heron Tower 110 Bishopsgate
London EC2N 4AY
Auditors and Reporting Accountants
Nexia Smith & Williamson
London EC2R 6AY
Solicitors to the Company
London WC1X 8RW
Smith & Williamson Limited
No.1 Riding House Street
London W1A 3AS
Registrars Share Registrars Limited
Reporting Petroleum Engineers
Oilfield Productions Consultants Ltd
1-2 Apollo Studios, Charlton Kings Road
London NW5 2SB