Assets
Alliances
Enovation intends to enter into special partnership/alliance arrangements with both leading edge providers of risk reducing technology and small to medium sized oil companies interested in jointly developing technology lead projects. To date the following companies have such agreements with Enovation
Breton Energy LLC
Enovation Resources Inc, a US subsidiary of Enovation Resources Ltd, together with Breton Energy LLC, has formed a joint venture company, Seaborne Energy LLC in order to exploit opportunities in oil & gas exploration in the Gulf of Mexico
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Breton Energy LLC, formerly Mission Exploration LLC and its affiliates purchased its first GOM offshore asset in 1993, successfully drilled and completed a number of incremental wells on the field and booked 12Bcf of net reserves
Breton has since drilled a total of 15 wells, offshore and onshore with a 100% success ratio
Breton is using its multi-component based equity model to leverage working interest participation in existing GOM fields
Endeavour
www.endeavourcorp.com
Enovation has signed a letter of intent with Endeavour International Corporation to review their N. Sea assets with a view to identifying which would benefit from technology driven projects. A number of feasibility studies are ongoing.
Endeavour International Corporation is a new generation of independent energy company established to find and develop oil and gas reserves in the North Sea. Since its inception in 2004, the company has established one of the industry’s largest exploration portfolios in the United Kingdom and a base of production assets with exploratory potential in Norway
Endeavour has established alliances with companies that offer capabilities or technologies that enhance future exploratory and developmental efforts. It holds license rights to almost 105,000 square kilometres of 3-D seismic data covering the continental shelves of the United Kingdom, Norway and The Netherlands
RXT
www.rxt.com
Enovation has signed an alliance agreement with RXT where RXT provides availability of four component crews at preferred rates in return for a defined level of commitment from Enovation for 4C seismic acquisition services
Reservoir Exploration Technology ASA (RXT) is a marine geophysical company specialising in multi component seismic sea-floor acquisition. They employ the very latest acquisition equipment and technology through the use of an exclusive arrangement for use of I/O’s VectorSeis Ocean (VSO) cable and four component sensors. The use of these sensors and equipment in the marine environment produces the highest quality 4C data in the industry. The I/O multi component accelerometers offer unprecedented sensor performance
RXT personnel have extensive technical and operations experience worldwide, with two crews currently operating and a third crew in planning
Reservoir Evaluation Services AS (RES)
www.resnor.com
Enovation has signed an alliance agreement with RES in which RES provides geophysical, geological reservoir, production and petroleum economics evaluation.
Reservoir Evaluation Services AS (RES) is a leading Norwegian consulting company with expertise and long term experience in sub-surface petroleum services
Formerly known as PGS Reservoir AS, RES was established as an independent company with more than 20 years’ accumulated experience as a service provider and has just recently become a member of the Ability Group of companies (AGR)
RES is one of the largest consultancies in Norway dedicated to petroleum exploration and production services. The technical staff at RES currently comprises over 40 full-time professionals serving most of the oil companies on the Norwegian Continental Shelf (NCS) as well as governmental authorities and financial institutions. International clients also include national and local oil companies
Our alliance partners
