Strategic Partnerships

In February 2012, 4Gen secured a joint venture relationship for the 27th round with Rothesay Resources, founded by Robert Moffat, the former CEO of Bow Valley Energy UK for nine years before the company was sold to Dana Petroleum PLC in 2009.
 
In October 2013, 4Gen secured a joint venture with GTO Ltd, submitting eight blocks in Quad 44 and Quad 30 at the 28th UKNS licensing round.
 
GTO is a private oil and gas exploration company founded in 2003 and staffed by a highly experienced technical, commercial, legal and financial team. GTO’s technical team has been responsible for the discovery and appraisal of numerous oil and gas fields in the North Sea including the giant Ninian oilfield, Bruce gas-condensate field, Ravenspurn North and Hamilton gas fields, plus a further 20 other producing fields. In total, the team has been responsible and /or involved in the discovery and appraisal of more than 3 billion bbls of oil and over 7 Tcf of gas predominantly on the UKCS but also on the Dutch offshore.
 
In November 2013, 4Gen established a consulting relationship with Geomega Ltd., based in Budapest. Geomega Ltd. has a team of 12 geoscientists, including five PhD geophysicists and geologists, providing technical services in the field of subsurface and hydrocarbon exploration. The company specializes in developing drill-ready opportunities with over 20 years of experience in prolific basins worldwide, including projects in the UKCS and Dutch offshore.