Sign up Australia
Proactive Investors - Run By Investors For Investors

High Peak Royalties chairman to explain benefits of royalties to investors at CEO Sessions

The company generates value and revenue through royalties on oil and gas exploration, development and producing properties.
Worker climbing steps at gas production facility
Chairman Andy Carroll will present at the CEO Session in Sydney on October 22

High Peak Royalties Ltd’s (ASX:HPR) chairman Andy Carroll will outline the company’s strategy of securing high-value resource royalties at this month’s Proactive CEO Session.

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.

Expanding portfolio

These are owned and operated by some of the world’s leading oil and gas companies, such as QGC/Shell, Santos Limited (ASX:STO), and Origin Energy Ltd (ASX:ORG).

The portfolio includes:

- Surat Basin CSG Project, 2.5% overriding royalty interest, operated by Queensland Gas/Shell;
- Peat Gas Field, 2.125% overriding royalty interest, operated by Origin Energy;
- Surprise Oil Field, 1.0% overriding royalty interest, operated by Central Petroleum;
- Longtom Gas Field, 0.3% overriding royalty interest, operated by Nexus Energy;
- Poseidon LNG, 0.103125% overriding royalty interest, operated by ConocoPhillips;
- Amadeus Basin, 1.0% overriding royalty interest in Southern Amadeus JV operated by Santos;
- North Carnarvon Basin, 0.2% overriding royalty interest, operated by Santos(Quadrant); and
- Multiple royalties in USA producing properties.

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.

Sydney details, Monday, October 22, 2018

Also featuring will be Yandal Resources Limited (ASX:YRL), Minotaur Exploration Ltd (ASX:MEP), MMJ PhytoTech Ltd (ASX:MMJ) and The Hydroponics Company Ltd (ASX:THC).

View full HPR profile View Profile

High Peak Royalties Ltd Timeline

Related Articles

oil and gas operations
May 01 2018
It was a year of portfolio building and progress for the onshore UK-focused minor, punctuated by improved production volumes and a number of acquisitions with value-adding potential
oil and gas operations
September 20 2018
Spirit Energy, majority-owned by British Gas parent Centrica, is to fund a programme of new wells and cover Hurricane's costs for initial field development work for the Greater Warwick Area
Offshore oil rig
October 02 2018
Plexus' partner Gusar clinched a supply agreement with the Russian energy giant in September

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use