Mazarine Energy is a subsurface-driven private oil and gas exploration and production company focused on low-risk, cost-effective, short-cycle exploration, appraisal & development opportunities with robust project economics. Mazarine Energy is currently active in North Africa and Romania where we continue to actively look for acquisitions and are well-positioned for further bolt-on acquisitions. Mazarine Energy concentrates on areas that have attracted limited interest from the oil majors and traditional independents. Opportunities in these areas can be relatively small-scale, technically challenging, or geographically remote. We see promise in such regions when they provide relatively low-risk conventional prospects with additional unconventional resource potential; easy access to processing and export infrastructure; and favorable taxation and legislation. When these conditions are met, new initiatives can unlock additional new prospect types at these locations, leading to significant reserve additions within a relatively short time frame. Proximity to markets and access to infrastructure allow discoveries, even smaller ones, to deliver high value and rapid development.
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