Energy & Environment

Tuesday, 29 November 2011 23:30

Responsibly Developing Mine Affected Areas

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Mineseeker Operations and EnerVue Oil & Gas Inc. announced today, an exclusive partnership to work together in oil and gas markets affected by landmines and other unexploded remnants of war. Mineseeker, a leading aerial mine survey and mapping organisation announced its new partnership with EnerVue, an independent Canadian oil and gas company, for the sustainable development of mine affected lands. Mineseeker and EnerVue intend to jointly create implementation strategies for the development of oil and gas in mine affected areas. As each company focuses on its core competencies, the partnership creates the opportunity for rapid development in affected markets.

‘Mineseeker is currently involved in discussions with several governments and other organisations holding oil and gas concessions in both Africa and the Middle East and we are excited about the prospect of working with EnerVue to develop sustainable oil and gas businesses in countries affected by landmines,” commented Mike Kendrick, Executive Chairman of Mineseeker. “EnerVue shares our view on compassionate capitalism, and sees the opportunity to deliver economic growth for the local populations in these countries, as well as value for investors and governments alike.

For Mineseeker, it offers the opportunity to create new markets in aerial surveying and share in oil and gas revenues emanating from the introductions we make to EnerVue that result in oil and gas business being developed to the Partnership.” EnerVue is an independent, highly respected, Canadian oil and gas company led by a team of experienced industry professionals.

EnerVue brings appropriate technical and pragmatic expertise to properly implement petroleum development strategies which meet the ongoing needs of a country and its people with regards to its oil and gas industry. EnerVue President and CEO, Marcel Zowtuk, commented, “What unites us is a common interest to responsibly demine land where petroleum opportunities exist. We recognize that an interdisciplinary partnership benefits all parties involved, including the original stakeholders. Proper front end framework effectively leads to efficient development and implementation strategies and this partnership makes all of that possible”. “Together, we have the ability to help each other, help many”, he added.

“I am excited about this partnership with Mineseeker,” expressed Scott Douglas, EnerVue’s Vice President. “We believe the responsible development of natural resources is paramount in propelling a country’s economic sovereignty and are committed to adding value to Mineseeker’s compassionate capitalism projects.” The two companies are also in discussions regarding an equity investment into Mineseeker, which will further cement the relationship between the two companies.

Mineseeker Chairman Mike Kendrick is due to visit Mozambique imminently where negotiations are scheduled to discuss oil and gas concessions in Mozambique and Angola. The Mozambique Government is keen to move ahead in the liberation of oil and gas concessions to enable petroleum companies to begin the process of seismological surveys.

The government will also discuss awarding selected concessions to Mineseeker, which Enervue will participate in. Scott Douglas will also sit on the Mineseeker Foundation advisory board which will share in and benefit from the revenues created by the partnership.

Mineseeker has offices in Durban, South Africa and is a registered NPO.
EnerVue Oil and Gas – www.enervue.ca

Published in Energy and Environment

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