Latest News
Hartshead Resources completes transformational farm-out agreement
11th May 202
Hartshead Resources has completed its farm-out agreement with Rockrose Energy. LAB Energy advised Hartshead Resources on the transaction.
LAB Energy advised Hartshead Resources on its farm out of a 60% interest in UK Southern Gas Basin licence P2607 to RockRose Energy (part of the Viaro Energy Group). The c.$100MM deal is comprised of past costs, promote and milestone bonus payments. The completion of the Farm-out is a major milestone for Hartshead Resources, as it materially de-risks the project and provides a clear pathway to the full financing and subsequent development.
LAB Energy Advisors Presents at Africa Energies Summit
17th May 2023
Representing LAB Energy Advisors Mark Llamas was delighted to speak at the recent Africa Energies Summit in London.
Mark presented on the theme of Funding Exploration and Monetising Discoveries, discussing various funding models and industry solutions used to finance oil and gas projects in the current market. Mark also discussed the impact a competitive auction process can have on driving seller value
To request a copy of the presentation please contact Mark Llamas >
LAB Energy Advisors Presents at BEOS Event in London
25th April 2023
Representing LAB Energy Advisors Paul Bannister presented at the BEOS event in London as part of the Monetising Exploration session.
Paul was pleased to present at the recent BEOS conference and delivered a presentation on the theme of monetising exploration in the current upstream market. Paul discussed opportunities to secure industrial funding and the impact project maturation has on valuation, sharing case studies from across the sector.
To request a copy of the presentation please contact Paul Bannister >
LAB Energy Advisors Advised North Sea Farm-Out
5th April 2023
The LAB Energy team are delighted to have advised Hartshead Resources on its UK Southern Gas Basin farm-out.
Hartshead Resources has entered into a Farm-out Agreement with established UK North Sea independent RockRose Energy (part of the Viaro Energy Group) for a divestment of a 60% equity interest in its UK Southern Gas Basin Licence P2607. The opportunity presents a multi-phase development project targeting material discovered and prospective gas resources proximal to existing infrastructure.
LAB Energy Advisors managed the farm-out process which lead to a c.$100MM deal for the partial divestment comprised of past costs, promote and milestone bonus payments. The transformational transaction offers a clear pathway to development and cashflow.
LAB Energy Advisors New Office
1st February 2023
LAB Energy Advisors is excited to announced that it has moved to a new office location.
Within easy reach of the West End or the City of London, LABS House is perfectly positioned to enable easy access to our connections across the capital and beyond.
Our new office address is
LABS House
15-19 Bloomsbury Way
London
WC1A 2T
ADX Energy Secures Farm-in Funding to drill Welchau Gas Prospect, Austria
29th November 2022
LAB Energy Advisors acted as farm out advisor to ADX Energy.
ADX Energy Ltd announced that it had signed a Joint Development Agreement with Kepis & Pobe Financial Group Inc. (KPFG) a leading Canadian energy finance and development group. KPFG has committed to fund 50% of well costs to earn a 20% participating interest in the Welchau farmin area.
In addition to the Farmin Funding, KPFG will pay EUR 228,000 for back costs relating to the Welchau prospect and the Molln appraisal opportunity. The Welchau prospect is located up dip from the Molln-1 gas discovery and has the potential to contain 807 BCF gas (best technical prospective resource).
LAB Energy Advisors assist CPT with capital raise
30th September 2022
Congratulations to the Cool Planet Technologies team on successfully completing their Series A capital raise.
LAB Energy Advisors is delighted to have assisted CPT in the capital raise, and we wish our client and it new partners (Eni Next, Audacy Ventures and Neva SGR) all the best as the company demonstrates the potential of its its PolyActive membrane-based CO2 capture technology at Holcim’s cement plant in Höver, Germany.
The future looks bright for CPT and we look forward to following the further development of the business as it targets a key role in the decarbonisation of industry.
Announcement of new strategic partnership
16th August 2021
LAB Energy Advisors is delighted to announce a new strategic partnership with Green Angel Syndicate.
Green Angel Syndicate is one of the largest angel syndicates in the UK, and the only one specialising in the fight against climate change.
As strategic partners LAB Energy Advisors will offer its energy sector expertise to help screen and, where appropriate, introduce investment opportunities to Green Angel Syndicate.
LAB Energy Advisors has introduced a number of start-up businesses and management teams to Green Angel Syndicate, all of which are focussed on renewable energy or clean energy technologies.
LAB Energy Advisors is also committed to investing directly in to the syndicate fund.
We look forward to our collaboration with Green Angel Syndicate.
Our Strategic Partners
