Prioritize the energy transition in Africa: Gas exploration and development for local domestic markets and LNG export
Target high upside opportunities: In niches in emerging basins and stranded geographies, LNG scale gas.
We take early-stage, high-equity positions with manageable work programs. We then develop and mature the exploration potential for drilling with excellent technical work and seek funding for drilling from more substantial industry partners.
Pyxis Energy is the trading name of Pyxis Indian Ocean Limited. Pyxis Indian Ocean Limited is registered under the Republic of Seychelles International Business Companies Act 2016. Company Number: 220074
Pyxis Energy is built around the concept of technical excellence – we do not wish to enter a project that we cannot justify from a technical and commercial perspective. Our Mission is to explore and develop oil and gas opportunities focusing primarily on the Atlantic Ocean margins of West Africa with the goal to provide stable, low-risk, medium-long term cash flow and upside.
We aim to generate world class exploration prospects that are acceptable to major operators, and to be a successful operator of high-potential projects, offshore and onshore.
Our Values:
Pyxis Energy is 100% owned by private shareholders that comprise industry leaders and private investors. The principals behind Pyxis are highly capable oil and gas executives with several decades of operational and business experience with significant operators on a variety of exploration development and production projects.
Pyxis Energy has been established as the company responsible for the implementation of upstream petroleum exploration for oil and gas on the Northwest Africa Atlantic margin from the Tano Basin (Ghana) through the MSGBC basin.
The MSGBC Basin, also known as the Mauritania-Senegal-Gambia-Guinea Bissau-Conakry Basin, is an offshore hydrocarbon-rich region located in West Africa. It encompasses a vast area in the Atlantic Ocean along the coastlines of Mauritania, Senegal, The Gambia, Guinea-Bissau, and Guinea-Conakry.
Our focus includes:
Pyxis Energy aims to develop a portfolio of East African assets.
In August 2012, Genel was awarded an exploration licence for onshore blocks SL-10-B and SL-13 in Somaliland. Genel extended its presence in November 2012 with the acquisition of 50% participating interest in the Odewayne Production Sharing Agreement which covers blocks SL-6, SL-7, SL-10A.
The Investment Proposition for oil exploration in Somaliland was enhanced recently with the farmin to the Genel exploration blocks
“In December 2021, Genel Energy plc announced that it had signed a farm-out agreement relating to the SL10B13 block, Somaliland, with OPIC Somaliland Corporation (‘OSC’), with all its share of future capital investment coming from CPC Corporation, Taiwan, the state-owned enterprise of Taiwan.
Under the agreement, OSC receives a 49% working interest in the block for a cash consideration of 49% of all Genel’s historic back costs, plus a cash premium. Genel previously held a 100% working interest and will continue as operator. CPC Corporation is a state-owned petroleum, natural gas, and gasoline company in Taiwan and is the core of the Taiwanese petrochemicals industry”
Somaliland has significant underexplored potential, with geology analogous to Yemen. The SL10B13 block is highly prospective, with multiple stacked prospects with over 5 billion barrels of prospective resources identified from the interpretation of the 2D seismic data acquisition completed in January 2018.
Jersey-registered Genel Energy is planning to drill a well on Block SL10B13 in the Republic of Somaliland in 2023, following the signing in December of a farm-out agreement with Taiwan-based CPC Corporation subsidiary OPIC Somaliland Corporation.
Contact Matt on mfittall@pyxis-energy.com
Most of his career has been with major organisations including Woodside, Shell, BHP Billiton, Mitsui, Petronas, APA Group and Energy Australia. Mr. Noske has led organisations at “C” level and participated on boards of public companies in Australia ensuring that he has a strong understanding of executive leadership expectations, governance, and compliance.
As managing director of WHL Energy (ASX listed East Africa explorer) he was instrumental in securing Repsol as the joint venture partner to undertake frontier exploration in the Seychelles.
Contact Steve on snoske@pyxis-energy.com
He is a past president of the Federation of Building Societies of Western Australia and has participated in and chaired various Western Australian government advisory committees related to the housing industry.
Rob brings to the Pyxis Board his diversified experience as a director of these companies and other listed entities and has served as a director of Cedar Woods for over thirty years.
Mr. Inniss started his career in 1987 with Exlog S.A (now Baker Hughes); then moving to the state oil company of Trinidad and Tobago in 1993 where he provided geological expertise on onshore field development and operations, and later as Exploration Manager with responsibility for field development and exploration of the giant Soldado Field Complex offshore Trinidad’s southwestern coast.
Over the past 20 years, he has held several senior technical and leadership roles with increasing responsibility within the Upstream sector beginning in 2004 with Hardman Resources as Exploration Manager for Trinidad and the Caribbean Area, and later in 2007 as Exploration Manager at Tullow Oil.
In 2013 he relocated to the USA to work at PanAtlantic Exploration Company where he was the Technical Lead for the company’s portfolio of deep-water assets along the West African Atlantic Margin (Cote d’Ivoire, Sierra Leone, Ghana, Equatorial Guinea).
In 2017, he was appointed Subsurface Director at EcoAtlantic Oil and Gas Ghana Limited where he conducted the technical and economic evaluation of the company’s portfolio of deep-water prospects in the prolific Tano Basin offshore Ghana. During that time, he was also the Subsurface Advisor to Atlas Oranto Petroleum where he provided technical advice and managed the company’s vast African portfolio of assets (Nigeria, Sao Tome and Principe, Equatorial Guinea, Senegal, Uganda and Namibia) and added significant value with respect to identifying the hydrocarbon potential of these assets.
Mr. Inniss holds a BSc degree in Geology from the University of the West Indies (Jamaica) and an MBA in Project Management from Henley Management College, UK. He has authored and co-authored several technical publications and is a member of the AAPG, HGS and GSTT, and PESGB.
Contact Francis on finniss@pyxis-energy.com
Pyxis Energy is the trading name of Pyxis Indian Ocean Limited. Pyxis Indian Ocean Limited is registered under the Republic of Seychelles International Business Companies Act 2016. Company Number: 220074
Corporate matters: Steven Noske +61 422 517 071
Exploration matters: Matt Fittall +61 419 856 747
West African matters: Matt Fittall mfittall@pyxis-energy.com
Registered Office
203 Allied Building, 2nd Floor, Francis Rachel Street, PO Box 381, Victoria, Mahe, Seychelles
Registered Agent
Halpern & Wolf Offshore Services (Pty) Ltd, 203 Allied Building, 2nd Floor, Francis Rachel Street, PO Box 381, Victoria, Mahe, Seychelles
