Typical Projects - The Way to Great Success and Added Value

United Energy(A Emerging Oil & Gas Giant): In 2011, UNIWE acted as the exclusive technical and valuation advisor for China Development Bank (CDB) for financing acquisition of BP Pakistan Assets by Hong Kong listed United Energy Group. The total acquisition price is US$750 million while the total amount of loan from CDB is US$640 million. The project achieved average production increase of 25% annually within 5 years after acquisition and the production in 2018 is about 100,000 BOEPD. United Energy has paid back ahead schedule all the loans from CDB and the project achieved profit in 2017 about HK$1.36 billion with company market cap of HK$321 billion (April 26, 2023). This project paves the way for United Energy grow to the largest private oil company in China, and only after PetroChina, Sinopec and CNOOC in Hong Kong Stock Market for oil companies.

Legacy Sino Gas Project Success Story: In 2012, UNIWE acted as the exclusive technical and commercial advisor for MIE, a listing company in Hong Kong, for acquisition of 51% of Sino Gas shares(Australia Listing Company) with gas field assets in Linxing and Sanjiaobei block in Central China  with commitment of US$100million for acquiring shares and investment. UNIWE continued to provide technical and management support for MIE after acquisition for achieving reserves and production increasing. In 2016, for strategic reason, with UNIWE as technical and commercial advisor , MIE sold the project to CNEML at US$220 million.  In 2018, also for company strategic reason, CENML sold the project to Lone Star at US$430  with net earning around US$150 million after tax and costs. UNIWE was the technical consultant to CNEML for the reserve assessment report which played key role for this divesture.  

Indonesia Marigin II Project of Gold Emperor Success Story: During  2017-2018，engaged by Gold Emperor Group, one of the largest private company from Zhejiang Province of China, UNIWE provided integrated technical and economic due diligence of Marigin II block in South Sumatra and Gold Emperor successfully acquired the project in 2018. UNIWE identified additional oil reservoirs not recognized by previous study and tested high commercial flow after transaction. The project also achieved oil discovery in Belato structure recommended in due diligence report prepared by UNIWE. Such discovery is the second largest Indonesia oil discovery in 2019 and could double oil reserves of the block with significant value added.

Canadian Royalty Acquisition Project by DQ Energy Success Story：During 2020-2021，engaged by DQ Energy Resources(Canada) Ltd , UNIWE prepared comprehensive technical and commercial support for acquisition of royalty land of 2000 square kilometers locating in Alberta、Saskatchewan, Manitoba and British Columbia. UNIWE provided services in technical assessment, deal structure study, commercial support for negotiation of SPA and management transition etc. .The deal was completed in April of 2021 with investment about C$25million. The project could achieve pay back within 2.5 years since acquisition.

UNIWE organized the negotiation for the divestiture 51%of Sino Gas with CNEML in 2016

 (total consideration: 220 million)