Combining technology + capital with local expertise and execution.
Aspect Energy has consistently delivered wildcat exploration success over 30 years, four continents and numerous price cycles.
This is achieved through creativity, diversity in perspective, local knowledge, and leading edge seismic technology from world class talent.
Aspect has been producing over 10,000 BOPD since 2018.
Aspect's current oil and gas exploration activity is focused in Eastern Europe specifically in Hungary, Croatia, and Ukraine.
Latest news
Video still. Image credit: Polianalitica
Speaking at the Miraflores Palace, Aspect Holdings President Alex Cranberg described Venezuela as a place explorers want to work, citing its geology and the skill of its workforce.
A return to the country’s exploration history. Cranberg compared today’s effort to that of the pioneers who arrived a century ago hoping to find something new, and said Aspect returns with the same spirit.
Exploration alongside PDVSA. He said the alliance with PDVSA will allow the study of new exploration blocks, including areas in the Orinoco Belt and the Gulf of Venezuela.
Capital, technology and training. Aspect will bring capital, technology and the capacity to take on operational risk. Cranberg pointed to technical collaboration over recent months and committed to ongoing training to strengthen local staff.
Development with the environment and communities in mind. The company aims to develop a series of fields over the coming years, with a sustained presence at the operating sites and care for the environment and neighboring communities.
Support after the recent earthquakes. Cranberg expressed sorrow over the recent earthquakes in the region and said Aspect is willing to help right away with medical and social assistance.
Source: reporting by Polianalitica (Instagram), originally published in Spanish. This summary is paraphrased. Read the original post.
