Pryme Energy Limited

 ASX:PYM ISIN:AU000000PYM6

May 26, 2012

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Pryme Energy Limited Company Summary

 Pryme Energy Limited (ASX:PYM) (OTCQX:POGLY) is an Australian oil and natural gas producer and explorer with interests in the Gulf States of the U.S. The company has oil and gas exploration projects focused on Louisiana, the fifth-largest oil-producing state in the U.S. These projects are funded in part by existing cash flow. Pryme's board of directors and management team has over 100 years of energy industry experience and has uniquely focused local knowledge, underscored by the proven track records of its managers and directors. Pryme Energy Limited shares are available either through the purchase of its ordinary shares on the Australian Securities Exchange (ASX) or through its listed American Depositary Receipts (ADRs) in the U.S. on the OTCQX.
 

DIRECTORS / OFFICERS

 
George Lloyd
Independent Non-Executive Director and Chairman
Mr Lloyd has more than 25 years' senior management and listed company board experience in the resources and energy sectors with a focus on business development, corporate strategy, mergers and acquisitions and exploration management. His present business interests include, Chairman of AWR Lloyd Limited, based in South East Asia, a corporate finance and strategy advisor to the energy, mining and metals industries in the Asia-Pacific region; Chairman of Cape Alumina Limited, an ASX listed company engaged in the exploration and development of bauxite deposits in the Cape York region of Queensland; and Director of Ausenco Limited, an ASX listed company engaged in the provision of engineering services to the global resources industry.
Justin Pettett
Managing Director and Chief Executive Officer
Justin Pettett is the Managing Director and Chief Executive Officer of Pryme Oil and Gas (ASX code: PYM). Mr Pettett is the co-founder of Pryme and has sixteen years experience at a Managing Director level of medium sized businesses, the last nine specifically in the U.S. oil and gas industry. He has drilled over 120 Wilcox trend wells throughout Central Louisiana resulting in the discovery of new oil fields. Along with conventional natural gas wells throughout Oklahoma, more specifically the co-management of the development of a 27 well CBM field also in Oklahoma. Mr Pettett has widespread experience and knowledge from the board room through to the oil field covering many facets of the oil and gas industry. Justin is an associate member of the American Association of Petroleum Geologists and a member of the Australian Institute of Company Directors.
Ryan Messer
Executive Director and Chief Operating Officer (USA)
Mr. Messer graduated from the University of Central Florida with a degree in Business Administration (BS BA), majoring in Marketing and Finance and is a member of the Independent Petroleum Association of America. Mr. Messer has thirteen years of experience in international business, five of which were in management positions focused on developing business within Fortune 500 accounts. The last eight have been in the energy sector, in the area of oil and gas project finance, asset acquisition and divestiture, asset allocation, and risk assessment. He has experience in managing field and land rig operations, developing midstream assets and assisting in the formation of technical teams, all of which were derived from the drilling of over 140 wells, and the resulting field development, spread across five basins within North America. Of the 140 plus tests, over 100 of them were within the Middle Wilcox oil trend, wherein over 50% were successful completions.
Greg Short
Non-Executive Director
Mr. Short has a BSc. (Geology) (Hons) degree from the University of New England and is a Graduate of the Australian Institute of Company Directors. Mr. Short worked for 33 years for Esso/ExxonMobil, initially as a production and operations geologist, rapidly advancing to supervisory and management positions. In the 1980’s he managed Production Geoscience for Esso Australia covering major developments of several Gippsland Basin oil and gas fields. This was followed by 15 years overseas in senior exploration management assignments in the USA, Europe and Africa. In the USA Greg was responsible for all of Exxon’s exploration activities which included on-shore and off-shore Gulf Coast. He retired from Esso/ExxonMobil in 2006. Mr. Short has a strong technical grounding in exploration development and production geoscience, exploration operations, Joint Venture management, Government relations, budgeting, contract and project management and people management.
 

ANNUAL REPORT

 
 

PRESENTATIONS

 
 
 

COMPANY DATA

 
Company Headquarters Level 7 
    320 Adelaide Street 
    Brisbane QLD 4000 
    Australia 
Company Telephone +61-7-3371-1103 
Company Fax +61-7-3371-1105  
Company Principal Sector Energy 
Company Principal Industry Energy 
Company Homepage www.prymeoilandgas.com
 

Key Developments: Pryme Energy Limited
 Pryme Energy Limited (ASX:PYM) to Present at Symposium Resources Roadshow
AUG 15, 2011 13:48 - Article Views: 686
Pryme Energy Limited (ASX:PYM) (PINK:POGLY) will be presenting our latest investor update at the Symposium Resources Roadshow being held in Sydney on Tuesday 16th of August and Melbourne on Wednesday 17th of August 2011.
 Pryme Energy Limited (ASX:PYM) Deshotels 13H No.1 Casing Run and Packers Set
AUG 15, 2011 10:20 - Article Views: 798
Pryme Energy Limited (ASX:PYM) (PINK:POGLY) provides the following update on operations at its Turner Bayou project in Louisiana, USA.
 Pryme Energy Limited (ASX:PYM) Deshotels 13H No.1 Reaches Target Depth, Completion Underway
AUG 9, 2011 08:46 - Article Views: 775
Pryme Energy Limited (ASX:PYM) (PINK:POGLY) provides the following update on operations at its Turner Bayou project in Louisiana, USA.
 Pryme Energy Limited (ASX:PYM) Provides Deshotels 13H No.1 Drilling Update at Turner Bayou Chalk Project
AUG 2, 2011 09:39 - Article Views: 1,074
Pryme Energy Limited (ASX:PYM) (PINK:POGLY) provides the following update on operations at its Turner Bayou project in Louisiana, USA.
 Pryme Energy Limited (ASX:PYM) Oil and Gas Flared at Surface on Deshotels 13H No.1 Well at Turner Bayou Chalk Project
JULY 29, 2011 09:28 - Article Views: 994
Pryme Energy Limited (ASX:PYM) (PINK:POGLY) provides the following update on operations at its Turner Bayou project in Louisiana, USA.
 Pryme Energy Limited (ASX:PYM) Update on Deshotels 13H No.1 Drilling at Turner Bayou Chalk Project
JULY 26, 2011 09:33 - Article Views: 776
Pryme Energy Limited (ASX:PYM) (PINK:POGLY) provides the following update on operations at its Turner Bayou project in Louisiana, USA.
 Pryme Energy Limited (ASX:PYM) First Fracture Intersected in Deshotels 13H No.1 Well at Turner Bayou Chalk Project
JULY 22, 2011 10:26 - Article Views: 693
Pryme Energy Limited (ASX:PYM) (PINK:POGLY) provides the following update on operations at its Turner Bayou project in Louisiana, USA.
 Pryme Energy Limited (ASX:PYM) Audio Webcast Drilling and Rights Issue Update
JULY 20, 2011 08:48 - Article Views: 554
Pryme Energy Limited (ASX:PYM) (PINK:POGLY) has provided the opportunity to listen to an audio broadcast with Mr Justin Pettett, CEO and MD in a presentation titled "Pryme drilling and rights issue update."
 Pryme Energy Limited (ASX:PYM) Updates on Turner Bayou Project in Louisiana, USA.
JULY 19, 2011 08:59 - Article Views: 688
The Turner Bayou project comprises approximately 80 square miles (50,000 acres) which have been imaged by a proprietary 3D seismic survey. Primary targets are the Austin Chalk formation at 15,300 feet and the Eagle Ford formation at 16,000 feet.
Deshotels 13H No.1 (40% Working Interest / 30% NRI)
 Pryme Energy Limited (ASX:PYM) Update On Non Renounceable Rights Issue
JULY 18, 2011 12:36 - Article Views: 526
Pryme Energy Limited (ASX:PYM) (PINK:POGLY) refers to the non-renounceable rights issue announced on 15 June 2011 and offered to eligible shareholders on 29 June 2011.

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Company Reports

  • Pryme Energy Limited (ASX:PYM) Project Update and Investor Presentation  Click to Download
  • Pryme Energy Limited (ASX:PYM) Placement of Shortfall Shares and Appendix 3B  Click to Download
  • Pryme Energy Limited (ASX:PYM) Quarterly Cashflow and Activities Report  Click to Download
  • Pryme Energy Limited (ASX:PYM) Change of Director`s Interest Notice  Click to Download
  • Pryme Energy Limited (ASX:PYM) Change of Director`s Interest Notice  Click to Download
  • Pryme Energy Limited (ASX:PYM) Completion of Non Renounceable Rights Issue and Appendix 3B  Click to Download
  • Pryme Energy Limited (ASX:PYM) Non Renounceable Rights Issue Update  Click to Download
  • Pryme Oil and Gas Limited (ASX:PYM) (OTCQX:POGLY) March 2011 Quarterly Report  Click to Download
  • Pryme Oil and Gas Limited (ASX:PYM) (OTCQX:POGLY) December 2010 Quarterly Report  Click to Download
  • Pryme Oil and Gas Limited (ASX:PYM) (OTCQX:POGLY) September 2010 Quarterly Report  Click to Download
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