CaribX is a privately-owned business registered and headquartered in the UK with offices in the Caribbean, Houston and Singapore.
The founders of the company have an impressive track record in the start up of successful oil and gas exploration companies. In particular, Chris Matchette-Downes was the co-founder of East African Exploration (EAX), which went on to become part of Afren plc (now a London FTSE 250 quoted company) and Chris Atkinson was the founder of Serica Energy plc (now listed on the London AIM exchange and Toronto TSX-V exchange).
CaribX’s unique exploration advantage is the result of undertaking a two year detailed, screening analysis of the Caribbean and Central American region which has resulted in the high grading of areas with optimal petroleum potential. CaribX has unique access to certain technologies that reduce the cost of exploration, minimise exploration risk and high grade areas for seismic and ultimate drilling. The combined single platform approach allows vast areas to be surveyed quickly, cheaply, thoroughly and with minimum environmental impact; providing gradiometry, magnetic and background seep information at rates of around 1,000 line km per day.
CaribX is a ground-floor, frontier exploration business and the view of the team is that the Caribbean has been overlooked and under-explored for many years. It is viewed as being similar to the situation in East Africa several years ago which was equally over-looked but has since gone on to contain many new exciting new petroleum finds.
CaribX has several strategic service provider alliances along with access to oils data and concept-changing petroleum geochemistry data and analysis.
CaribX is about real ideas, real science, and real opportunities - just as EAX was in East Africa six years ago.
The CaribX Team
Chris Matchette-Downes - Originator, founder & CEO
Chris has been in the O&G business for over 25 years, including time with BP, BG and more recently BMEL. A petroleum geochemist, Chris is well-respected for work done in both East Africa and in the greater Caribbean region and has undertaken several geoscientific reviews of the region since 2003. He is a renowned expert and often speaks at international conferences and seminars on the subject of O&G exploration. In addition, he has a track record of finding and securing commercial deals.
Chris Atkinson - Co-founder and Director
Chris Atkinson started his career at Shell but spent most of his formative years at Atlantic Richfield (ARCO) in the USA, Southeast Asia and Europe. He was the founder of Serica Energy plc and has been involved with the successful start up and financing of a further four companies (Mitra Energy, Malaysia; MPX Limited, UK; ZinMac now Strategic Oil and Gas, Canada; Greenfields Petroleum, USA). Chris brings a wealth of exploration and small company experience and has worked extensively in frontier basins throughout the world.
Stuart Lawrenson – Originator, founder & CFO
Stuart is an accountant qualifying with PwC in 1986, then moving into industry as FD and MD of various large businesses. Stuart brings process, structure and financial discipline to the team.
Nick Cameron (Consultant) - Exploration advisor
Nick Cameron has been a consultant geologist since 1993. He maintains a regular client base and works on a selective basis to include Guyana, Suriname and Jamaica. Nick is a founder of GB Petroleum plc, a UK registered company formed in 2005 by ex-Conoco staff, which has attained its initial goal of acquiring quality acreage in its two focus areas: North Africa and Mid-Europe (Southern North Sea eastwards).
Dirk Adams (Consultant) – Caribbean & Central America manager & data base specialist
Dirk Adams is based in Houston and is a mechanical Engineer by training and specialises in database design and compilation. A Spanish speaker, based in the Caribbean, has worked the entire Caribbean. Dirk will lead the initial data-gathering phase and assist in governmental and local E&P company introductions.
Professor Simon Mitchell (Consultant) - Regional tectonic reconstruction geologist
Simon is a lecturer in the Department of Geography and Geology in the University of West Indies. He lectures in the areas of sedimentology, petroleum geology, geological mapping and geology of the Caribbean, and has more than 25 years' experience in studying the geology of the Caribbean region. He has worked in numerous Caribbean territories including: Trinidad, Puerto Rico, Cuba, Jamaica, Panama, Mexico, Costa Rica and Belize. This work has including the dating of Cretaceous and Tertiary successions, petroleum geology and sedimentology. He has published extensively (more than 60 papers) and has presented results at more than 50 international meetings.
Chris Rivett-Carnac (Consultant) – Co-founder and Advisor
Chris is a geologist with over 30 years' oil industry experience and has specialized in the forming and financing of successful exploration and production companies. He has worked extensively in Colombia where he was directly responsible for the discovery of the billion barrel plus Rubiales Field and is a former lecturer at Imperial College, London (Petroleum Geology MSc course).
Alan Jessop (Consultant) - Interpretation geophysicist
Alan has a proven track record of finding oil and gas in Africa, Europe, Middle East and South East Asia. Alan has taken areas from first seismic to successful drilling and appraisal, controlling all aspects of geophysical work and management.
He has also instigated work that has led to the discovery of the following commercial oil fields, Algeria Ourhoud & Menzel Ledjmat (>2BillionB), Gryphon field (>100MMB) in the UK North Sea and Camar field (>50MMB) in the East Java Sea, Indonesia, along with several other discoveries. Alan has worked on detailed examination of producing properties and recommended successful infield drilling to drain unswept areas and satellite oil pools. More recently Alan has evaluated Jamaican offshore assets.
Bill Brumbaugh (Consultant) - Petroleum negotiations and G&G Advisor
Bill has been in O&G for over 30 years with Conoco Amoco, Mobil, TDI-Brooks Int’l, Total, PGS, Anadarko Petroleum, ExxonMobil, Newfield Petroleum, Greenfields Oil and Gas, Fortesa Int’l, Marathon, Midway Resources Int’l, Noble Energy petroleum companies in North and South America, Asia Pacific, Middle East and Africa. Bill has advised, in a consulting capacity, the governments and/or state oil companies of Angola, Tanzania, Kenya, Guinea Bissau, Senegal, Sao Tome & Principle, Jamaica and Mauritania.
Dr. John Milsom (Consultant) - Potential fields specialist
John is a geologist/geophysicist and now an independent geophysical consultant to the mining, engineering and oil industries on projects in the UK, Canada, Africa and Australia. He is also an interpreter of seismic and gravity and a magnetics specialist. Projects in the Caribbean include those in Jamaica, Cayman Islands and the Dominican Republic.
Other specialists and specialist groups
CaribX Honduras Oil & Gas SA de CV can also draw on the expertise of additional consultants in the countries-of-operation including; niche UK geological consultancy PDF Limited, Gore-Sorber, Oilsearch Plc (seep, magnetics and gravity/gradiometry specialists), Calgary based Cougar Blackstone Drilling Services and ex-Newcastle heavy oil geochemists.