Torus leverages the oil and gas experience and operating expertise of the beam.earth Energy Ltd. group of companies and businesses (the “Group”) to source, diligence, structure, manage and operate oil and gas assets on behalf of investors
The Group is an independent and innovative player in the oil and gas sector with a green environmental focus
The Group’s strategy is to identify advanced technologies and innovative business models able to provide breakthroughs, disrupt standards and unlock business opportunities in the oil and gas industry
The Group’s first business line, started in 2015, is an oil & gas production business which acquires and operates conventional oil properties in U.S. using advanced, environmentally friendly field production technologies to increase production in a cost- effective manner
This business is comprised of the operating company, beam.earth Energy Operating Inc. (“IEO”) and the asset-owning company Technology Enhnaced Oil plc (“TEO”)
TEO manages approximately $130 million of oil and gas investments on hehalf of institutional investors.
TEO’s assets comprise over 200 wells, primarily in the Permian basin, producing around 600 boe p/d