Spark Exploration is focused on its 100% equity position along the prolific Rona Ridge on the UK Continental Shelf (West of Shetland region).
Spark’s acreage has world class potential in a proven hydrocarbon basin.
Spark Exploration is focused on progressing its highly attractive petroleum acreage along the Rona Ridge in the West of Shetland region on the UK Continental Shelf.
Spark Exploration is a private company supported by a strong shareholder base including specialist resource funds and a leading global financial institution.
Spark Exploration is led by an innovative management team with extensive oil and gas experience and an intimate knowledge of the region.
Everything we do is strictly in line with our industry leading health, safety and environment objectives. Spark Exploration will not compromise on its commitment to health, safety and environment.
Spark Exploration is focused on its 100% equity position in the West of Shetland (UKCS) – a world class petroleum region.
This established hydrocarbon region has produced substantial volumes over decades but recent discoveries are reinvigorating activity in the West of Shetland – and a major new play is opening up in the fractured basement of the Rona Ridge.
In fact, Westwood Global’s State of Exploration 2019 has identified the Rona Ridge fractured basement play as the second largest oil play (based on 2C Resource estimates) to emerge globally over the last decade behind Guyana.
Our licences are located along the Rona Ridge between two world class, multi billion barrel accumulations (Hurricane Energy’s Lancaster - Halifax field and BP’s Clair field).
Using the latest high quality 3D seismic data over our area, we have identified an exciting mix of prospects within our licences across a number of plays.
We have an exceptionally large basement structure (Bader) adjoining Hurricane Energy’s acreage, which is estimated to have a mean recoverable volume of 1,350 million barrels.
We have also identified very large and exciting prospects in the Devonian-Carboniferous and Lower Cretaceous sands.
An example is the Marmaduke Prospect, which is estimated to contain 415 mmbbls mean recoverable resource in a Devonian reservoir with similar characteristics to the Clair Field
Spark considers that the protection and preservation of health, safety and the environment (“HSE”) is core to its business.
Spark understands the value in a robust HSE Management System which is why it has put in place the RESOLUTE Project Management Framework. This is a company wide Management System that includes specific modules for HSE. RESOLUTE is not just a system, it is the way Spark operates. Its core pillars are:
Risk Identification
Environment Protection
Safety Comes First
Operational and Asset Integrity
Leadership by All
Unconditional Support
Technology-led Innovation; and
Excellence
The RESOLTE Business Management Framework is a comprehensive company wide manual on how we operate, make decisions, self audit and strive for continuous improvement
UK office:
112 Quayside
c/o Bond Dickinson Llp, St Ann’s Wharf
Newcastle Upon Tyne
NE1 3DX
Australian office:
12 Douro Place
West Perth WA 6005
Australia
