Mazarine Energy is a subsurface-driven private oil and gas exploration and production company focused on low-risk, cost-effective, short-cycle exploration, appraisal, and development opportunities with robust project economics. Mazarine Energy is currently active in North Africa and Romania, where we continue to actively look for acquisitions and are well-positioned for further bolt-on acquisitions. Mazarine Energy concentrates on areas that have attracted limited interest from the oil majors and traditional independents. Opportunities in these areas can be relatively small-scale, technically challenging, or geographically remote. We see promise in such regions when they provide relatively low-risk conventional prospects with additional unconventional resource potential; easy access to processing and export infrastructure; and favorable taxation and legislation. When these conditions are met, new initiatives can unlock additional new prospect types at these locations.
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