Judson & Cie is your gateway to the best opportunities in natural resource investments. We have unparalleled deal-flow in oil and gas and mining. We have a proven track record of identifying unrecognized value in natural resource assets and developing them to production.
The collapse of the natural resource equity market during the last fifteen years has created massive gaps in the value chain. Valuable oil and gas and mining assets that would have been developed in previous market cycles have not seen the light of day. This has created a backlog of undeveloped natural resource projects. These projects will become critical to world commodity supply. The most glaring discrepancies are in oil, copper and gold.
Right now the world is generally ignorant of the coming massive shortages of hydrocarbons and metals. While down-cycles in the commodity industry have always existed and created opportunity for contrarians and visionaries — the nature, duration and dysfunction of the present period has created once-in-a-century opportunities.
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Through private companies we acquire assets. The private company issues stock on highly favourable terms to its first investors, and then later exchanges these shares at a premium into a public company controlled by us.
Record Resources Inc. (TSXV: REC)
Record Resources Inc. (TSXV: REC) is an E&P company advancing overlooked energy plays. The company is a carried partner in a newly formed consortium developing oil and gas projects in Central Gabon's Ngulu Block, a mature yet underexplored hydrocarbon base. Record also holds an interest in natural hydrogen exploration in Ontario, Canada.
Record Resources is an undervalued entry point into West African exploration and production. Fully carried by its partner through the Ngulu Block's initial four-year concession period, including the commitment to drill one well to total depth, makes it capital-efficient opportunity.
The Ngulu Block covers 1,214 square kilometres, roughly equivalent to 54 Gulf of Mexico blocks, in shallow offshore waters in central Gabon. The diversified portfolio of low-risk appraisal, development and exploration assets includes the existing Loba oil discovery well in 1976 that encountered 140 metres of gross pay (70 metres net pay), providing a low-risk appraisal and development opportunity with near-term oil production potential.
The Loba field complex could produce approximately 20,000 barrels of oil per day, generating cash flow to fund future exploration growth, based on analogous nearby fields. Additionally, the block contains 28 mapped exploration prospects, including the Lepidote Deep, Pompano Dentex Complex and Palomite Complex, all analogous to proven Gulf of Mexico play types.