Company Overview
Overview
We are concentrating our efforts initially in Colombia, where, we believe, good E&P (Exploration & Production) opportunities exist with straightforward oil and gas contracting terms and conditions. At a later stage, we plan to turn to opportunities in other regional countries. Within the spectrum of the oil and gas business, we plan to focus on a blend between exploration and production of hydrocarbons through a variety of transactions. Our initial plan is to explore for and /or acquire oil and gas production and to start to build a reserves base. We believe that several forces are at work in today’s energy industry that create a significant opportunity for smaller companies.
The greatest opportunity exists in countries where small scale resource opportunities have been overlooked or have been considered immaterial or uneconomic by medium to larger companies, and/or where local governments are promoting the development of small reservoirs to increase production to satisfy internal demand as well as export needs. We have the flexibility of being a small company, which we believe allows us to evaluate and close transactions at a quick pace.
Our management intends to use its experience in the equity capital markets to facilitate our access to capital to enable us to pursue the most suitable E&P opportunities. We have an experienced leadership team of energy industry veterans with direct exploration and production experience in the region which, we believe, will enable us to achieve our strategic and operational goals.
La Cortez Energy, Inc. is incorporated in the State of Nevada, USA.
Corporate Structure
Management
Nadine Smith
Nadine Smith
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Andrés Gutierrez
Andrés Gutierrez
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Carlos Lombo
Carlos Lombo
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William Girón
William Girón
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Board of Directors
Nadine Smith
Nadine Smith
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Andrés Gutierrez
Andrés Gutierrez
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Jaime Ruiz
Jaime Ruiz
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Richard G Stevens
Richard G Stevens
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Jaime Navas
Jaime Navas
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José F Montoya
José F Montoya
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Strategy
We have acquired participation interests in two exploration assets in south Colombia and we intend to acquire producing oil and gas properties (and/or fields) where we believe significant value exists or where additional value can be created. Our management team is primarily interested in developmental properties where some combination of the following exists:
- Opportunities for medium-to-long-term production life with clear understandings of production mechanisms and output levels.
- Geological formations with multiple producing horizons.
- Substantial upside potential
- Relatively low capital investment and production costs
We intend also to continue pursuing joint ventures or farm-ins in exploration ventures with limited risk, in areas where nearby oil discoveries have been made.
We have finalized two participation interest acquisitions and we are actively pursuing corporate acquisitions, joint ventures, and /or participation opportunities and expect to enter into one or more agreements during 2010.
Phased Approach
Phase 1
We are concentrating our initial efforts in Colombia where opportunities as well as operating terms and conditions are perceived in the industry to be appropriate for small, early stage oil and gas E&P companies.
Phase 2
Once we have established our business in Colombia, we intend to turn our attention to new opportunities in other South American countries. We intend to take advantage of promising opportunities in these additional markets while we consolidate our E&P activities in Colombia.
Corporate Responsability
We are committed to being a socially responsible company. We strive to engage in best-business-practices and are acutely sensitive to promoting and protecting the local communities and the environment in the regions where we operate. As a matter of policy, we respect all cultures and beliefs, and are an equal-opportunity employer and contractor.
