Guten Morgen
Gestern war wieder ein erfreulicher Tag.
Hier ein älteres Interview, das zeigt wo Ivanhoe hin will:
Chairman of the Board of Ivanhoe Energy discusses M&A activity
David Martin, Ivanhoe Energy
DAVID M. MARTIN is Chairman of the Board of Ivanhoe Energy
TWST: Would you begin with a brief overview of Ivanhoe Energy (Toronto:IE.TO)?
Mr. Martin: I’ve been involved with the petroleum industry for my entire career, and I can tell you that Ivanhoe Energy is a unique, young company with a global outlook and a portfolio of interests that position it to be a significant player in the very near future. Right now we are focused on four principal programs. Two are exploration and production ventures in the heartlands of the oil industry in the United States. In California’s remarkable San Joaquin Basin, which holds as much as half of the total reserve of oil in the lower 48 states, Ivanhoe has interests in more than 300,000 acres. In the Permian Basin of West Texas, Ivanhoe is participating in a 7,300-acre oil and gas project in the Spraberry Trend. Our third principal area of activity is our partnership with large Chinese and Japanese oil companies at Dagang, China’s sixth-largest oilfield, where we have drilled new producing wells and reworked some older wells to boost output as part of our 22,000-acre Kongnan project. Fourthly, and most technologically innovative, we are pursuing opportunities to build commercial-scale projects that will use a proprietary American process, which we have licensed, to convert natural gas into ultra-clean diesel and other fuels. We are busy advancing all of these initiatives.
TWST: Where would you like to see the company in three years?
Mr. Martin: In three years we’d like to see Ivanhoe built into a worldwide oil and gas company, with a major asset reserve base, and established as a leader in gas-to-liquids production. To speculate where those reserves are going to be obviously would be a guess on my part. But our game plan, our business plan, is that we are looking at projects that will give the company net reserves in the range of five to 10 trillion cubic feet or more. Any one of the projects that we’re working on now would be in that range.
TWST: Will acquisitions play a part in your future?
Mr. Martin: Yes, most definitely. We’ve already acquired one company, Sunwing Energy, and we have been looking at several others. Most of these are in niche-type areas that fit in with what we’re currently doing, or fit in with countries we’re currently working in. I really can’t say what they are because they haven’t happened yet, but there are at least three that we’re actively engaged with in discussions, which may or may not materialize. We’re looking at mergers not just for the sake of picking up some producing reserves. If there isn’t a substantial upside to such an acquisition, we’re not interested. I think this is one of the mistakes that have been made elsewhere in the business. There have been an awful lot of acquisitions and, in many cases, they pick up producing reserves at a good price, and they are making money. But if you look at their stocks, their stocks are languishing. I think part of the problem is that the acquisitions are not really tied in with a business plan. Our plans are based on enhancing conditions for future growth. We know how, why, where, when, and we have the people who can get the job done. So that’s Ivanhoe.
Erste Umsätze auch in Ffm..
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