Opportunity
Oil and Gas Assets Have Become Cheap and Unloved
The rise of climate change activism, increasing investor focus on renewable energy, poor returns over the last five years, a historic collapse in oil prices and high leverage have created the perfect storm for oil and gas assets.
“Bad times make for good buys”
With capital fleeing the industry as never before, oil and gas assets have become truly cheap on a historical basis. Therein lies the opportunity for Torus.
Torus Focuses on Assets that will Perform through the Energy Transition Period
On-shore, conventional vertical wells with low-cost, long-life production where proven, scalable, clean, advanced, green Enhanced Oil Recovery (“EOR”) technologies, can be used to economically increase oil production from existing wells and re-open shut wells. Further production increases through fill-in development and/or secondary/tertiary recovery methods are also pursued.
The assets can either be operated by Torus’s sister company, IEO, which is the only green operator in US oil, by another management team or by the asset’s existing management team depending on the situation, giving Torus more flexibility in the types of opportunities it pursues.
Torus leverages the experience and expertise of a proven, EOR focused production company
Torus’s sister company, IEO, has an experienced operating platform of around 30 FTE with proven, scalable, green technologies that economically increase production as efficiently, or more so, than conventional methods.. IEO’s tech implementation expertise has increased the value of its operated assets by extending the life of existing wells and re-opening shut wells instead of drilling new wells. IEO does not use toxic chemicals or fresh water or flare or vent any of its gas.
The Torus investment team is a unique combination of senior investment and oil and gas professionals.
