Stonehorse Energy
Primary ticker: ASX:SHE, OTC: STHEF
Stage of development: Development, Production
Primary minerals: Oil and Gas
Project to promote: South East Canadian new-drill oil & gas wells
Project location: USA & Canada
Website: www.stonehorseenergy.com
Identify and invest in Oil & Gas wells in known hydrocarbon projects and regions.
Target low-medium risk opportunities with short payback and ongoing cashflow.
Partner with highly experienced operators, maintaining Non-operator status
Generate cashflow that can be reinvested into new projects with high probability of success.
Cash: AUD7M
Debt:Nil
Major shareholders:
Watch Hill Holdings Limited – 10.23%
ROCA Investments Limited – 9.5%
Fastwitch Enterprises Limited – 5.8%
Norfolk Blue Pty Ltd – 3.9%
TK Kingdom Pty Ltd – 3.8%
Management ownership – 15%
Financials
Management Profile
David Deloub, Executive Director, Mr Deloub has over 25 years’ experience in the finance and corporate sectors and holds a Bachelors’ degree in economics with honors and post graduate qualifications in Banking and Finance.. Mr Deloub has previously held a number of executive positions including Chief Financial Officer at the ASX listed Neptune Marine Services an oil and gas services business and Executive Director at Patersons Capital Partners. Mr Deloub has held non-executive board positions at Neptune Marine, Merah Resources and Minquest Limited. He is currently a director of ASX listed Avira Resources Limited and Non-Executive Chair of ASX listed Holisa Colltech Limited.
What is your rationale for taking part in 121 Mining Investment?
Targeted investors with interest in taking direct investments in the hydrocarbon energy space. Also looking to discuss investment interest in taking SHE stock on the TSX
What recent news would you like to highlight to investors attending?
Stonehorse Reserves Report. Investment opportunities in Canada. Proposed TSX listing.
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Dual List SHE on the TSX. Commit to a 20+ well D&C program in SE Canada
6 Months:
Increase wellbore investment and production revenue to +2,000 BOE per day
12 Months:
Increase production revenue to +4,000 BOE per day
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Commodity price risk, Well execution risk. Capital availability for growth.
What do you think makes your company such a compelling investment?
Low-cost low risk producer that is cash accretive and significantly undervalued based on current EV.
What are the top 3 key investor takeaways?
Commodity forecast, cashflow history and forecast, quality and track record of the technical team.