What We Do

Chrysaor is an exploration and production company. The Company has been formed by the team who successfully managed the operations and growth of CH4 Energy Limited. Chrysaor seeks to create significant value for its stakeholders by building a development led business to be proud of.

Chrysaor is focused on the development and commercialisation of dormant oil and gas discoveries and incremental reserves. Chrysaor is acquiring opportunities where it will have control over reserve development. The team will then bring those incremental and dormant hydrocarbon reserves to market quickly and safely.

Chrysaor owns a 40% interest in UK licence P164 covering block 205/26a and containing the Solan oil discovery. After completing very successful appraisal well campaigns in 2008 & 2009 the field is moving towards development sanction with Premier Oil Plc (60%). Chrysaor will resume operatorship of the Solan field at first oil.

In August 2008 Chrysaor also announced it had reached agreement to farm-in to the Spanish Point gas/condensate discovery, in the Porcupine Basin, off the west coast of Ireland. A 3D seismic program earning Chrysaor its initial 30% interest was shot in summer 2009. The final processed 3D seismic data provided excellent resolution of the Upper Jurassic hydrocarbon bearing reservoir intervals and allowed for the direct mapping of some of these zones across the Spanish Point structure. Detailed studies suggest the P50 recoverable resources are economic. In March 2011, Chrysaor elected to drill an appraisal well thereby bringing its equity in the Licence to 60%.

Additional seismic in the Spanish Point area was shot in 2011 and is currently being processed.