BNBOE Energies: Unlocking Africa’s Energy Potential

A dynamic start-up specialising in oil and gas exploration and production across Africa

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The company is built on a legacy of transformative achievements that have helped shape the African continent’s energy landscape over the past 30 years.

Backed by a seasoned management team with decades of experience at leading African-operators such as Perenco, Tullow Oil, and Assala Energy.

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Company Overview

  • Start-up Oil & Gas Exploration and Production company focused on Africa

  • Led by Africa-experienced industry veterans from Perenco, Tullow Oil, and Assala Energy

Proven Track Record

  • Africa-wide: Multiple, successful mature asset rejuvenations and strategic acquisitions with Perenco across multiple jurisdictions

  • Gabon: Transformed Shell assets via Assala with $1.3B investment, doubling production, replacing and increasing reserves and discovering Gabon’s largest field in 20 years

  • Uganda: Opened new petroleum province, discovering over 1 billion barrels with Tullow

Strategic Mandate

  • Acquire and operate high-potential, neglected assets applying proven technical and operational know-how

  • Transform assets boosting production, replacing and adding reserves, discovering new resources

  • Sustainably deliver value to host nations, local communities, and shareholders

Growth Outlook

  • Access identified material operated stakes in producing and undeveloped assets

  • Targeting known assets with production/cash flow, undeveloped discovered resources and exploration upside

  • Actively securing funding for acquisitions and new licences in various African countries

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Icon of a target with an arrow hitting the bullseye highlighting strategic mandate to acquire; operate; and transform high-potential, neglected assets
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