Loyz Energy Limited is an
independent exploration and
production energy company with its
focus in the Asia-Pacific region.
Loyz Energy Limited ("Loyz Energy", and together with its subsidiaries, the "Group") is an independent exploration and production energy company with its focus in the Asia-Pacific region.
Currently, the Group's key asset is its 20% stake in the Thailand onshore oilfields located at Phetchabun Basin, which currently generates a steady income stream from its existing oil producing wells. This asset holds significant proven reserves for development as well as significant potential exploration upside that may create value enhancement and sustainable long-term growth.
Based on the qualified person's report as at 31 December 2015, the Thailand onshore oilfields have an aggregate of 54.74 (Proved + Probable + Possible) millions of barrels of oil reserves, of which 10.94 (Proved + Probable + Possible) millions of barrels of oil are net attributable to the Group. Loyz Energy, together with its partners, intends to roll out the planned drilling campaign progressively to expand oil production capacity.