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Explora Petroleum AS

Stage: Growth

Web Site : http://www.explorapetroleum.no

Explora Petroleum AS is a Stavanger, Norway-based exploration and production company focused on the Norwegian Continental Shelf. The company plans to take non-operated minority positions in offshore licenses and conduct both exploration and appraisal drilling for both oil and gas.

The management team is led by CEO John Pickard, who previously spent 31 years with BP, including senior management positions with BP Norway. Mr. Pickard and his team have extensive exploration experience from numerous basins around the world combined with a long history of operating in the Norwegian E&P sector.

Warburg Pincus led a line of equity financing to Explora in September 2011.

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