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Mazarine Energy

126 employees

Mazarine Energy is a subsurface-driven private oil and gas exploration and production company focused on low-risk, cost-effective, short-cycle exploration, appraisal & development opportunities with robust project economics. Mazarine Energy is currently active in North Africa and Romania where we continue to actively look for acquisitions and are well-positioned for further bolt-on acquisitions. Mazarine Energy concentrates on areas that have attracted limited interest from the oil majors and traditional independents. Opportunities in these areas can be relatively small-scale, technically challenging, or geographically remote. We see promise in such regions when they provide relatively low-risk conventional prospects with additional unconventional resource potential; easy access to processing and export infrastructure; and favorable taxation and legislation. When these conditions are met, new initiatives can unlock additional new prospect types at these locations, leading to significant reserve additions within a relatively short time frame. Proximity to markets and access to infrastructure allow discoveries, even smaller ones, to deliver high value and rapid development. Mazarine Energy works with reliable, well-financed, and proven partners to build a balanced portfolio of projects at various stages of development from exploration through to production. We believe that in today’s energy business, maximum value can best be achieved through thoughtful partnering. At Mazarine Energy, we carefully select industry peers and other JV partners to increase access to technical and operational excellence and investment opportunities. We will source all of Mazarine Energy’s investments directly, avoiding auctions where possible. In all that we do, we aim to serve as a responsible operator and proud partner of choice, maintaining the highest levels of personal integrity, safety and environmentally responsible practice.

Investor insights

Funding rounds participated in

$500M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Oil and Gas

Sectors

Oil and Gas

Date founded

2013

Funding rounds raised

Total raised

$500M

from 1 investors over 1 rounds

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Mazarine Energy raised $500M on June 16, 2016

Investors: The Carlyle Group

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