Azimuth Group Information

Azimuth is an upstream oil and gas offshore portfolio management company formed by Seacrest Capital Group, an upstream-focused private equity firm. To-date, Azimuth has created six offshore, oil and gas exploration companies active in different regions: • Azinor Catalyst – active in the United Kingdom • OKEA – active in Norway • Azinam – active in Namibia • Azeire – active in Ireland • Azipac – active in Indonesia • Azilat – active in Brazil and Honduras Following rigorous reprocessing and analysis of available seismic and well data, Azimuth creates regionally focused companies to secure entry into the target area. Azimuth continues to support its regional companies with centralised expertise and resources, whilst continuously reviewing new exploration opportunities. Azimuth's strategy is anchored by upfront and continuous use of extensive, and modern seismic data and pre-investment basin studies and country analysis. Azimuth combines peer-leading expertise in G&G, Technology, Operations, Engineering, HSEQ, Finance, Government Relations, Legal, Commercial and Economics with a cost conscious, nimble, and focused attitude of more junior explorers. This unique cost effective approach allows Azimuth to grow the number of value creating opportunities while ensuring risks are being identified and mitigated. The cost and time conscious approach to E&P value creation pioneered by Azimuth enable rapid screening and determination of optimum licence packages and commercialisation approaches. This differentiates Azimuth from some of the challenges faced by typical oil & gas exploration companies. Azimuth has developed partnerships with a number of the world’s leading E&P companies, including AkerBP, ExxonMobil, Lundin, Statoil, Tullow Oil and Cairn Energy, amongst others.