Our Focus
Our Focus
Our current main Upstream E&P Business and Minerals & Mining Business focus being in Kazakhstan, but other Regions and Countries may follow.
We are currently evaluating 5 different opportunities in E&P, and 3 in the Mining sector (Gold-Copper-Zinc ).
It is our plan to list the E&P and Mining Business on the London Stock Exchange and/ or in Kazakhstan.
The listing maybe undertaken from beginning or through an RTO with another Company.
Kazakhstan is the ninth-largest country in the world, covering some 2.7 million square kilometres. Kazakhstan is bordered by Russia to the north, the Caspian Sea to the south-west, Turkmenistan, Uzbekistan and the Kyrgyz Republic to the south, and China to the east.
Kazakhstan gained its independence from the former Soviet Union on 16 December 1991. In 1998, the capital was moved from the south-eastern city of Almaty to the northern city of Astana. On 23 March 2019, the capital was renamed ‘Nur-Sultan’ after the previous President of 30 years, Nursultan Nazarbayev.
The current population of Kazakhstan is 18.4 million people, of which around 68 per cent are ethnic Kazakhs. There is also a sizeable ethnic Russian minority (19 per cent of the population) and smaller minorities of ethnic Uzbeks, Ukrainians, Uighurs, Tartars and Germans. Kazakhstan is a secular country, however many people identify with Islam and Orthodox Christianity (around 70 per cent and 26 per cent of the population respectively, according to a 2009 census).
The national language, Kazakh, is a Turkic language and is related to the Kyrgyz, Uzbek, Tatar, Turkmen and Uighur languages spoken across Central Asia. Kazakh has a well-established community of speakers in Kyrgyzstan and Tajikistan as well as in Mongolia, China and Iran. It can be written in Cyrillic, Latin or Arabic script. Russian is widely used for administrative and technical purposes, and is still the first language for a significant minority.
Kazakhstan is a member of numerous multilateral organisations including the United Nations (UN), Organisation of Islamic Cooperation (OIC), Shanghai Cooperation Organisation (SCO), North Atlantic Cooperation Council (NACC), Commonwealth of Independent States (CIS), Collective Security Treaty Organisation (CSTO) and the Organisation for Security and Cooperation in Europe (OSCE). Kazakhstan joined the World Trade Organization on 30 November 2015.
Kazakhstan Economic overview
According to the World Bank, since independence in 1991, Kazakhstan’s per capita GDP has increased six-fold. Its GDP per capita of USD$9,122 for 2020 is comparable to Russia’s.
Oil is Kazakhstan’s major export, followed by natural gas and other commodities. Kazakhstan has the World’s 12th largest Proven Oil Reserves and 14th World’s largest Natural Gas reserves, and ranks in the top ten countries for coal, gold, chrome, zinc, lead and bauxite reserves.
Kazakhstan is the World’s largest producer of uranium. Kazakhstan’s industrial sector is heavily reliant upon mining and mineral processing and on related activities such as the production of mining and engineering equipment. However, the Kazakh mining industry remains far from realising its full potential.
Kazakhstan formally became a member of the World Trade Organisation on 30 November 2015.
Together with Russia, Belarus, Armenia and Kyrgyzstan, Kazakhstan is also a member of the Eurasian Economic Union.
- Kazakhstan Oil & Gas Business
- Is a proven Oil & Gas province with approx.. 30 Billion Barrels of proven Crude Oil Reserves
- About 75% of the discovered Reserves being Oil and Condensate
- Oil production has tripled since 1991 to about 1.8 MM Bopd
- Large participation resulting from foreign Investments
- Super Majors (IOC’s), Independents, NOC’s, Junior E&P’s
- Politically very stable with attractive fiscal regime for Oil & Gas Investments (Royalty/ Tax)
- Double Tax treaties with most other Countries
- New Investments/ Developments have multiple Crude Oil Export Routes to Europe, China, Russia
ADVENEQ will be advancing a portfolio of Copper-Gold – Zinc assets in one of the most mineralogically endowed countries in the world: Kazakhstan. With a ground-floor entry into an under-explored, yet proven porphyry belt, we believe there is huge opportunity for growth and discovery. ADVENEQ will be a sustainable and reliable producer of Oil & Gas, plus Copper-Gold-Zinc and other critical metals that are essential for economic growth and the energy transition.
- Major current Oil & Gas opportunity available to ADVENEQ:
- Purchasing a major stake mature Oil Producing Assets
- To become Operator or JV Partner
- Oil Fields with up to 1 Bn barrels of Oil in Place
- Current total production from 5000 to 10000 Bopd, increasing to a plateau production of 20.000 Bopd++
- Oil Fields with 50 > 100 Mill BOE increasingly available
- Track records from Operating Oil & Gas Fields in Kazakhstan
- Well established Multi- Functional Team
- Strong local relationships in place
- Kazakhstan Focus
- Immediate or near- term Production and Cash Flow
- Increasing Oil Recovery; increasing Reserve base, Upside and value.
- Active Portfolio Management; major Value Creation to our Investors