Cabot Energy Ltd
Company Name:Cabot Energy Ltd Minimum fundraise:£0* High Share Price Bid:£0
Business Sector:Oil & Gas Total Funds Bid to Date:£12,500 Low Share Price Bid:£0
Auction period:31 Jul 2020 - 27 Oct 2020 Indicative Share Price:0.00 Average Share Price Bid:£0**
*The company will accept oversubscription.
**In the event of significant oversubscription, shares will be allocated to bids at the average price and above.
NOTE: ASSET MATCH HAS NEGOTIATED AN “ASSET MATCH INVESTOR BONUS” FOR INVESTORS IN THIS TRANSACTION. SEE THE “OVERVIEW” SECTION BELOW FOR DETAILS.

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Cabot Energy Ltd

Cabot Energy Ltd

Market Cap: £2,978,439 Auction period: 31 Jul 2020 - 27 Oct 2020 Indicative price: 0.00

Live Started 9 days ago

Highest Bid 4.00p

Auction closes in 78 days


BUY ORDERS SELL ORDERS

Cumulative Number of Shares Share Price (p)
12,500 4.00
   
Share Price (p) Cumulative Number of Shares
4.00 --
   

BUY ORDERS

SELL ORDERS

Cumulative Number of Shares Share Price (p) Cumulative Number of Shares
12,500 4.00 --
     

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Company info

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Cabot Energy Ltd is an oil and gas production and exploration company focussing on creating predictable production growth in Canada. This is expected to deliver cashflow and demonstrable value for shareholders in a reasonable time frame.

Cabot augments its production activity by developing high-impact exploration and appraisal projects which can be farmed out and developed to generate the opportunity for high returns on investment. (...)

www.cabot-energy.com

Auction details

Cabot Energy Ltd was admitted to trading on Asset Match on 3 December 2019 at a price of 1.50 pence per share.

Auctions are held quarterly and close at 4pm on the last Tuesday of each month (unless stated otherwise).

The tick size for this company is 0.25 pence per share.

Participants can send orders via their existing broker or directly to The Share Centre. Further details can be found by clicking on the "Auction instructions" section below.

 

Price history (last 10 auctions)

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Auction instructions

To buy and sell shares in this company via Asset Match Private Market, you will need to use a stockbroker.

           -  The Share Centre

If you are a UK resident, our main broker and settlement agent for all CREST eligible companies on the AM Private Market is The Share Centre.

The Share Centre provide a competitively priced service for both certified and non-certified transactions. You can open an account online or by calling 01296 41 41 41.

Alternatively, if you already have an account with The Share Centre and wish to place an order please contact the Dealing Team directly on 01296 41 42 43.

To sell a share certificate, simply complete the certificated selling form and post it along with your original share certificate.

           -  Already have a stockbroker

Over 60 UK brokers regularly trade and are set up to deal on our platform. These brokers can submit your instructions to The Share Centre on your behalf*.

Please note that not all brokers are able to deal in unquoted shares so contact us to confirm whether your broker is able to trade.

           -  Overseas

If you are based overseas and are interested in participating then please contact us directly by emailing dealing@assetmatch.com or by calling 020 7248 2788.

​​When buying and selling shares, please note that the Asset Match levy of 3% applies, with a minimum charge of £20 per trade (*additional fees may apply).

For more information on how the auction works then please click here.

Key People

Scott

Scott Aitken Chief Executive Officer

Scott Aitken was appointed Chief Executive Officer of Cabot Energy in June 2018, he is not appointed to the Board of Directors. Scott has more than 25 years’ experience in the oil & gas exploration and production industry, including 15 years as CEO. He co-founded High Power Petroleum LLC alongside Campbell Airlie and Petro Mychalkiw in 2015 as the oil exploration and production subsidiary of pulse-power technology world leader, I-Pulse.

He started his career as a Petroleum Engineer with ExxonMobil (formerly Mobil) in Aberdeen and went on to work in senior roles, including chief executive officer and regional head, at companies with operations in Europe, Africa, Asia, Middle East and North America. He is highly experienced at growing small companies into multi-billion dollar operations through the leverage of technology alongside community partnership.  Scott has raised US$1 billion capital investment for oil & gas exploration, development and production over the last 15 years, creating ventures in the USA, Canada, Turkey and West Africa, delivering over 100,000 boepd production and 1 billion boe reserves and resources.

Scott does not sit on the Board of Cabot Energy.

   
Petro

Petro Mychalkiw Chief Financial Officer

Petro Mychalkiw joined Cabot Energy as a Non-executive Director in January 2018 and was appointed Chief Financial Officer in June 2018.

Petro has 28 years’ experience as a Chartered Accountant and over 12 years’ experience in the natural resources industry.  His career has included roles as Chief Financial Officer of Oriel Resources, Equus Petroleum, Orsu Metals Corporation and most recently at I-Pulse Inc., the parent company of H2P. Petro has extensive experience of project financing including resource development projects, acquisition fundraising, debt refinancing and private placings.

Petro represents the interests of High Power Petroleum, the Company’s largest shareholder.

   
Campbell

Campbell Airlie Chief Technical Officer

Campbell Airlie was appointed as a Non-executive Director in December 2016 and was appointed as Chief Technical Officer in June 2018.

Campbell has 36 years’ experience as a petroleum engineer with extensive time spent in upstream field development strategy and implementation. His career has included reservoir and production management and technical excellence roles with Schlumberger, BP, Edinburgh Petroleum Services and most recently as founder and Chief Technical Officer of Seven Energy.

Campbell has been a Distinguished Lecturer in Asset Management with the Society of Petroleum Engineers and a visiting lecturer in reservoir engineering and production optimisation at Heriot Watt University.

Campbell represents the interests of High Power Petroleum, the Company’s largest shareholder.