Highlands Natural Resources plc is a UK registered investment vehicle focused on acquiring oil and gas assets which are commercial at current oil prices. The Company, established in November 2014 by highly experienced oil and gas and financial professionals, listed on the London Stock Exchange in March 2015.
The aim is to build a platform from which to acquire opportunities in the oil and gas sector by leveraging the team’s experience and connections in the industry and international financial markets. It is envisaged that there will be a distinct production bias to the portfolio.
The Company was established to take advantage of volatile conditions in the current oil and gas market. The Board believes that, in particular, the current price weakness in oil and oil and gas company shares will present the Company with pursuable value opportunities, the likes of which have not been obtainable for some time.
Primarily utilising its extensive network, the Board aims to identify oil and gas assets which it believes fit its investment criteria. These targets will then be evaluated by the Advisory Board who will provide a further recommendation on suitability. Each member of the Advisory Board brings expertise in fields relevant to the Company’s aims, offering in particular, knowledge of acquisitions, divestments, petroleum engineering, geology, and oil drilling technologies.
The assets being sought will primarily be in production although some exploration projects will also be targeted. The aim is to establish a substantial oil and gas company with a portfolio blend that allows for the careful management of risk while providing significant upside to investors.