Engineering work begins
Geological, petrophysical and dynamic 3D models, core analysis and reservoir fluid migration analysis. Selection of drilling locations for ten new wells and justification of enhanced oil recovery methods.
ASSET MANAGEMENT / KARAZHANBAS NORTH
Karazhanbas North
Trust management of Phystech II JSC, the subsoil user of the Karazhanbas North field.
Completed management period
- Subsoil user
- Phystech II JSC
- Management period
- November 2022–November 2024
- Management team
- IPEC Energy
- Securities
- PHYS shares · Kazakhstan Stock Exchange KASE
TEAM INVOLVEMENT HISTORY
From reservoir studies
to company management.
Company management
Technical, financial and tax diagnostics formed the basis of the development strategy. The team began implementing it under trust management in November 2022.
ABOUT THE PROJECT
Managing the company.
Developing the asset.
The IPEC Energy team assumed trust management of the company on 8 November 2022. The scope covered financial recovery, cost optimisation, oil marketing and production efficiency improvement.
Finance and economics
Financial recovery and operating cost optimisation.
Operations
Geological and technical interventions and field process improvement.
Commercial strategy
Market analysis and improvement of oil sales performance.
DISCLOSURE
Annual report.
Official source.
The 2023 annual report of Phystech II JSC is published on the KASE website. It presents the work of the IPEC Energy management team and the company's results.