Asia Chapter Event "Case Study: Growth of a Startup E&P" & "Asia Gas and LNG Trends"
6:00 - 7:30 p.m. Thursday, August 17, 2017
Hess Exploration & Production, Langkawi Room | Petronas Twin Towers, 12th Floor, Menara 3, Kuala Lumpur City Centre (KLCC), Kuala Lumpur, Malaysia
Ken Pereira, Managing Director, Hibiscus Petroleum
Prasanth Kakaraparthi, Senior Analyst, Wood Mackenzie
“Case study: Growth of a Startup E&P”
Hibiscus Petroleum Berhad (Hibiscus Petroleum or the Company) is Malaysia's first listed independent oil and gas exploration and production company. Hibiscus Petroleum was listed on the Main Market of Bursa Malaysia Securities Berhad on 25 July 2011 as the first Special Purpose Acquisition Company (SPAC) in South-East Asia. Following the completion of the acquisition of a 35% stake in Lime Petroleum Plc in April 2012, Hibiscus Petroleum became a full-ﬂedged oil and gas exploration and production company.
The company strategy since listing has been to invest in a balanced portfolio of assets across the spectrum of upstream oil and gas exploration and production sector. Their portfolio includes exploration, development and production assets, with a focus on two main regions, the United Kingdom and Australia.
Dr. Kenneth Gerard Pereira, has been the Managing Director of Hibiscus Petroleum since 13 September 2010. He holds a Bachelor of Science (Honours) degree in Engineering from the University of Bath, United Kingdom, a Masters in Business Administration from Cranfield University, United Kingdom and a Doctorate in Business Administration from the University of South Australia, Australia. His doctorate research topic was entitled “Start-up, Survival and Growth Strategic Actions of Initially Small Oil and Gas Exploration and Production Companies”.
Dr. Kenneth has 27 years’ experience in the oil and gas industry, both in the services and exploration and production sectors. He began his career with Schlumberger Overseas S.A. in 1983 as a Field Service Engineer working in Brunei, Thailand, France, Libya, Italy, Norway and Tunisia. In 1990, he joined the Sapura Group, and in 1997, he was appointed as Vice President of Energy Sector Projects and initiated the building of the oil and gas services business of the company under the Sapura Energy Sendirian Berhad banner. Prior to joining Hibiscus, Dr. Kenneth also served as Managing Director of Interlink Petroleum Ltd, and on the Board of STP Energy Pte Ltd, a privately held Singaporean company.
“Asia Gas and LNG Trends: Impact on Project Developments”
The global gas and LNG markets are going through one of the most transformative periods the industry has ever seen. Pre-FID Gas and LNG projects in Asia Pacific are challenged with significant oversupply, an outlook of weak prices for years to come, and a super-competitive pipeline of world class LNG supply projects globally. Come find out which projects will make the cut and which won’t and what incentives might help them get off the ground.
Prasanth Kakaraparthi is a senior analyst at Wood Mackenzie and currently focuses on LNG and Upstream assets in South-Eastern Asia with a specific focus on Malaysia, Indonesia, Brunei and Thailand. He has worked on several consulting engagements including multi-client studies, opportunity screening, gas monetization and exploration benchmarking studies. He graduated in 2002 from the Birla Institute of Technology and Science (BITS-Pilani) with a BE (Hons) first class degree in Civil engineering.
Prasanth has over 10 years of experience in the oil and gas industry spanning field work, management, research and consulting roles. He started his career as a field service engineer for Schlumberger in India delivering advanced seismic and reservoir fluid sampling services. He then proceeded to work in the Middle East before relocating to Singapore to work for Wood Mackenzie.
Registration is complimentary for AIPN members. A nominal fee of RM50 will be charged for non-members, payable in cash at the door. Because facilities are limited, please register online at the link to the right.
Online registration has been closed. On-site registration will be on a space available basis.
A networking reception will follow the presentation at Svago in the Upstairs Room. Svago/Limoncello Restaurant is located next door to the meeting room in the Suria KLCC Mall (in front of the fountains).
Chatham House Rules apply to this event.
Special thanks to event-sponsors: