Zennor Petroleum is an independent UK based oil and gas company specialising in the appraisal, development and production of hydrocarbons offshore North West Europe. Zennor currently has oil production of 2,500 bbls/day.
Our core focus is low-risk appraisal drilling and development opportunities identified via our large historical database and differentiated subsurface work flow. Zennor is an established UKCS operator and the team have operated the drilling of four offshore exploration and appraisal wells in the last five years. We aim to participate in an active appraisal and development drilling programme going forward.
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Zennor has a portfolio which includes four producing North Sea fields and a number of undeveloped discoveries. We are currently drilling an appraisal well on our Lower Cretaceous Finlaggan Discovery in Block 21/5c, Licence P2013.All operations
From a largely shared heritage at ARCO through the 1990s, the management team has subsequently brought success to several North Sea oil companies. This team has now been enhanced by experienced talent brought in from other successful North Sea operators.Our team
Kerogen Capital, Zennor's majority shareholder, made an initial commitment of US$100 million in Zennor in 2015. Kerogen, together with its limited partners, may commit up to a total of US$400 million to Zennor during the course of its investment. Proceeds from Kerogen’s investment will be used to fund the development of Zennor’s existing assets and expand the portfolio by way of new acquisitions, farm-ins and Licensing Rounds.READ MORE
Zennor’s heritage and focus can be traced back to the mid-1990s and the successful missed pay strategy of ARCO International. It was during this period that the ‘art’ of missed pay ("undeveloped discoveries") recognition was integrated with real science, producing a systematic process that holds the key to repeatability and hence to success. Zennor is the re-creation of the same subsurface principles, updated with new ideas and concepts.READ MORE
The Board of Zennor Petroleum Limited comprises Dr Alan Parsley (Chairman), Martin Rowe (Managing Director), Rod Crawford (Technical Director), James Henry (Finance Director), Jason Cheng, Philip Jackson and John Daniel (Non-executives).READ MORE