The Proactive Investors bandwagon is back on the road next week with events in Dublin and Manchester.
The big top pitches in the Irish capital first and with Falcon Oil & Gas, Victoria Oil & Gas, Fox Marble and TXO Energy. Victoria, Fox and TXO will also be in Manchester, where they will be joined by Fastnet Oil & Gas.
Falcon Oil & Gas (CVE:FO) has an incredible managerial pedigree. It is chaired by John Craven, the driving force behind the spectacular success of Cove Energy, while the chief executive is Philip O'Quigley.
He was a senior member of the management team at Providence Resources, which has enjoyed phenomenal success off the coast of southern Ireland.
O'Quigley is chief executive at Falcon, which has some fairly lofty ambitions. Its strategy will follow more the Cove blueprint rather than Providence’s route to success.
The plan is to secure large acreage positions that are highly prospective for unconventional hydrocarbons and then bring in major partners to take the projects forward.
In total, Falcon has a portfolio of 14.75mln acres in what it considers to be three of the most prospective unconventional oil and gas basins in the world – Australia, South Africa and Hungary.
It also has three of the world’s largest oil and gas firms on board – Chevron in South Africa, Hess Corp in Australia and an associate of Gazprom in Hungary.
Quoted in Toronto, the group is raising almost £17mln when it lists on the Dublin and AIM markets. Proactive Investors is bringing you the chance to meet Philip and the team ahead that March 28 debut.
Victoria calculates that there are more than 60 industrial customers capable of taking large thermal or electrical energy supplies from Logbaba, and thus far the company has signed up 25 of them.
As the company says, Logbaba is located in the heart of an energy-hungry region.
The company is looking to replicate the successful Logbaba model across Central and West Africa, using cash flow from the Logbaba field.
Meanwhile, there is still plenty of scope to further develop the Logbaba licence block, as will be explained by Founder Investor Daniel Fox-Davies.
TXO is an interesting, three-project company that combines the prospect of near-term cashflow with some truly exciting blue sky.
In Freeport, Grand Bahama, it is developing a plant that will reprocess waste oil from the cargo and cruise shipping that criss-crosses the Caribbean.
With the potential to generate quick profits and a stellar return, this is the bedrock of the group.
However there is more. TXO also has assets in Kentucky, one of America’s oil hotspots, with the opportunity to increase production, and potentially company-making oil and gas acreage in Tasmania.
The latter will make a mockery of the group’s current micro-cap valuation if it is successful. However, there are a few hurdles to be negotiated before we get there. Joining us will be executive chairman Tim Baldwin.
The experience might lead one to think that Kosovo is not welcoming towards foreign investment. But the reverse is the case, Fox Marble’s chief executive Chris Gilbert asserts.
One of the things Kosovo has in its favour is a long history of stone-making, and Fox Marble thinks there is a great opportunity to build a brand based on that heritage.
Chris will be speaking and is almost sure to mention that the White House in Washington was built using marble from Kosovo.
Plugged into some of the world’s hottest hydrocarbon basins (offshore Ireland and Morocco), analysts believe the stock has much further to go.
Certainly the highly experienced management team has been very busy in recent weeks and months.
This included the conclusion of a £15 million cash call, which sets the group up financially for 2013 and allows Fastnet to accelerate drilling plans. Joining us in Manchester will be chief executive Cathal Friel.
Our Dublin event is on Tuesday March 26 at The Shelbourne Hotel, 27 St Stephen's Green, while the Manchester forum takes place the day after at the Radisson Blu Edwardian, Free Trade Hall, Peter Street.
Please join us at 5:45pm to get a seat and to allow for a prompt 6:00pm start.
Each company has approximately 30 minutes to give a short presentation and for Q&A.
Following the presentations will be a complimentary bar and an assortment of hot and cold canapés, giving you the opportunity to speak with the directors and other investors.