Clontarf Energy plc is an emerging oil & gas Exploration & Production company focused on Africa and South America. The company’s experienced team has a successful track record in exploration. It recently returned $22 million to its shareholders when it sold off Pan Andean Resources;Clontarf’s predecessor in South America. Clontarf Energy is listed on the london AIM market.

Epic - CLON : Shares in Issue - 200m : Market Capitalisation - £8m

Website Click Here


CLONTARF ASSETS:

GHANA

Clontarf have a major interest in the Tano 2A Block in Ghana and is held 60% by Clontarf Energy, 30% Petrel Resources and 10% Ghanaian interests.

The block covers 1,532km2 with extensive raw data available, 676km of 2d seismic is now being reviewed. The block is onshore/offshore close to four recent major discoveries by Tullow and Kosmos.

The block has numerous seeps and shows onshore which are fed from offshore oil kitchens. Clontarf Energy has reprocessed and analysed the available data and have identified eight potential targets.

The block is awaiting ratification and is expected during Q1 2012.


PERU:

Clontarf were awarded two exploration blocks in Peru in the October 2010 bid round. The two exploration Blocks, 183 and 188, are in key producing areas in the Maranon and Ucayali basins. Both the Peruvian Blocks, 183 & 188, received the Presidential ‘Supreme Decree’ on the 26th July 2011. These are expected to be farmed out to a regional oil major during 2012.

Block 183: covers 396,826 hectares in the Marañon Basin, which has produced oil and gas since the 1940s. Two oil fields and one gas field are on adjacent blocks. Good quality, recently re-processed seismic data is available. Clontarf Energy already has identified leads & prospects.

Block 188: covers 595,809 hectares of prospective ground beside a 16 tcf producing field. Extensive regional data is available (13,400km of 2d seismic and 50 wells), good seismic coverage and 3 wells drilled close to the block. There are three main producing reservoirs in the area and an undeveloped oil discovery at neighbouring La Colpa.


BOLIVIA:

Monteagudo: (30% Clontarf, 50% Repsol-YPFB, 20% Petrobras). This is a traditional field producing c. 120 bod. The potential is the deep gas play, estimated to be 3 tcf; identified by 3D seismic and identical to nearby multi-tcf discoveries. The company is being restructured and Clontarf hopes to increase their stake to 50%. There is 3rd party interest in the field.

El Dorado (10% Clontarf 90% YPFB) is a producing gas field near Santa Cruz. These wells are now producing c. 19mmcfd & 500bd condensate. Planned production is c.40mmcfd & 800 barrels condensate – yielding gross revenues of over $200k daily. Subject to final negotiation with YPFB, the field has the potential to yield substantial revenue to Clontarf. There is 440 bcf proven to date.


Audio Interview with David Horgan ( MD )

MD Interview Click Here


CLONTARF MANAGEMENT TEAM:


John Teeling – Executive Chairman – Has 40 years’ resource experience.
In South America since 1988. Established over 10 AIM resource companies.

David Horgan – Managing Director – Has extensive experience in the oil & gas
sector in South America.

Mauricio Gonzalez – President South America - Former Bolivian Minister of
Energy, President of National Oil and Gas Company (YPFB).

Jim Finn – Finance Director - 20 years’ experience in exploration companies.

Manouchehr Takin – Director - 40 years’ experience with Iranian Oil Consortium,
Anglo American, Amoco, NIOC and OPEC. Senior executive with CGES.

bob

Am still checking this but saw on another forum a post stating that ghana energy
ministry held some special meetings last friday.Will keep you posted if i hear or see
anymore on this. I do know from my contact with the company that they were very
advanced stage on ghana last november so good chance this is about to kick off.

bob heston you may want to take a look at this article from yesterday

http://www.stockopedia.co.uk/content/clontarf-energy-plc-aiming-high-63686/

thanks anders a good read

anders i like this bit

.....................

Clontarf is unusual amongst the junior resource sector in that it has bid and won oil & gas blocks on equal terms as oil majors in some of the worlds most resource rich regions. This is testimony to the prudence and due diligance of Clontarf,s management of John Teeling and David Horgan who have over the years been notching up some notable successes. Although John Teeling is probably best known for his accumen in the world of whiskey he has also been quietly making a name for himself in the sometimes congested world of oil & gas exploration. John and David also manage a Clontarf partner company Petrel resources that share a 30% stake on Clontarf,s Tano 2a block in Ghana.



Audio Interview with David Horgan ( MD - Clontarf )

http://www.clontarfenergy.com/investor-centre/further-media_.aspx

minerales i like all of it !

anders

Try this one too, connections with ghana and the irish

http://www.reportingoilandgas.org/2011/10/20/irish-firms-follow-tullow-to-ghana/

minerales,,looks to me like ghana like doing business with the irish going by that
article and other stuff i have read.

lol, David Horgan said that about the Iraq's, it didn't do PET any favours

aldwickk

Do i sense you have history with PET ? lol

A lot of small investors have .

aldwickk

Fair enough but i think clontarf is now something new born from PAR and do have
some good assets,petrel and iraq was always a long game.

I stumbled across this interview with Clontarf Energy, its worth a listen.

http://www.brrmedia.co.uk/event/98521/david-horgan--managing-director

From today's Times Newspaper.

Tiddler to Watch
'It may have a market value of less than £5 million, but Clontarf Energy is starting to make waves, or at least ripples. Shares in the explorer, focused on South America, jumped by almost 4%, after it said it had struck a royalty deal with Peru Oil and Gas Exploration allowing it to purchase gas from its block in Peru'.

Mention in IC yesterday too.

Ghana ratification news next and positive hopefully.

This may ROCKET very soon. Great potential and maybe imminent news but please DYOR.