Stonehorse Energy
Financials:
Primary ticker: ASX:SHE
Stage of development: Development, Production
Primary minerals: Oil and Gas
Project to promote: Sweet Lakes, Louisiana
Project location: USA
Website: www.stonehorseenergy.com
Corporate presentation: Click here
Identify well funding projects 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: USD$9M
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%
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 Black Mesa Energy, a non listed US based oil and gas asset management company.
What is your rationale for taking part in 121 Mining Investment?
targeted investor with interest in taking direct investments in the hydrocarbon energy space
What recent news would you like to highlight to investors attending?
Production updates, runway of proposed future investments
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Build production, diversify exposure in the sector.
6 Months:
Build production and internal technical capability
12 Months:
Build production and pay dividend
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.
What do you think makes your company such a compelling investment?
Low cost low risk producer that is cash accretive.
What are the top 3 key investor takeaways?
Commodity forecast, cashflow history and forecast, quality and track record of the technical team.