Calima Energy

Primary ticker: ASX:CE1
Stage of development:
Project types: 
Shale oil/tight oil, Shale gas/tight gas, Unconventional Oil and Gas
Project to promote: Montney

Live financials

Calima is a public company listed on the ASX (ASX:CE1). The principal activity of Calima is investing in oil and gas exploration and production projects internationally.

Management Profile

Dr Alan Stein, Managing Director

Dr Stein has more than 25 years’ experience in the international oil and gas industry. He was one of the founding partners of the geoscience consultancy IKODA Limited based in London and Perth and was the founding Managing Director of Fusion Oil & Gas plc and Ophir Energy plc. Fusion was listed on the UK AIM market in 2000 and made several discoveries offshore Mauritania before being sold in 2003. In early 2004, following the sale of Fusion, Dr Stein, together with Mr Jonathan Taylor, was one of the two founding executive directors of Ophir Energy plc. He held the position of Managing Director until 2011. Ophir was involved in several discoveries offshore Equatorial Guinea and Tanzania discovering more than 18 trillion cubic feet of gas.

What is your rationale for attending 121 Oil & Gas Investment?

Meet prospective investors

What recent news would you like to highlight to investors attending? 

Calima-2 &-3 Successful Testing Results – 29/03/19
Exceptional Results from Montney Core & Logging Analyses – 08/04/19

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Reserves and Resources Report following recent drilling

6 Months:

Construct pipeline

12 Months:

Production of 5,000 boepd

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Low gas prices in Canada have been a challenge however that is being addressed by investment in new pipelines and the establishment of LNG export from Canada’s west coast

In a sentence,what do you think makes your company such a compelling investment?

Outstanding drilling results provide a platform for a significant value growth in the short term