The company is unique among ASX-listed companies, actively acquiring royalties on exploration, developing and producing properties.
These royalties mean investors benefit from receiving revenues from resource projects without the obligation to fund capital expenditure and no exposure to costs or operational problems.
Royalty investment model
Carroll will explain at the Sydney CEO Session on Monday, October 22, that High Peak’s royalty investment model is particularly attractive to investors.
The expanding and diversified portfolio of more than 20 oil and gas properties encompasses projects in key Australian and USA oil and gas basins.
The portfolio includes:
High Peak also holds five geothermal energy licences covering 21,681 square kilometres in South Australia and one geothermal tenement area under application in the Northern Territory.
Oil and gas industry experience
Carroll is well qualified to serve as company chairman as he has over 30 years of international oil and gas experience and is a member of the Society of Petroleum Engineers.
He originally trained with BP and has held a range of board, senior management and consultancy roles with oil and gas companies including BP, Dome Petroleum, Amoco Canada, Ampolex and InterOil.
As well as being High Peak’s chairman, Carroll is a director of Mosman Oil And Gas Limited and Australian Petroleum Portfolio and provides consultancy services through his company, Australasian Energy.
Register for the CEO Session today to find out more.