Thyssen Petroleum

Thyssen Petroleum is a young, independent oil and gas exploration and production company. It is securely financed by the holding company of the Thyssen-Bornemisza family, one of Europe's oldest and most distinguished industrial families. The company's chairman, Baron Lorne Thyssen-Bornemisza, a Swiss national, heads the company. The company's globa... l investment portfolio includes public and private equities, agriculture, commercial real estate, film post-production and art. It owns a major shareholding in the NYSE-listed IHS Inc., the critical information provider to the oil and gas industry with a market capitalisation in excess of US$8 billion. The family holdings include United Guar LLC, a guar gum manufacturer, headquartered in the United States, with international production facilities in the United States and Pakistan. The product is used in the oil and gas industry as a thickener for hydraulic fracturing. Thyssen Petroleum identifies exploration and production projects with a high potential for success. The company is involved in the exploration, acquisition, production and development of crude oil and natural gas in the United States and the Middle East. The company's highly knowledgeable team of geologists and geophysicists are based in the company's Houston headquarters. They find and assess development opportunities with reduced risk as well as higher-risk, high-reward exploration prospects. The company also have representative offices in Anchorage, Monaco, London, Amman and Islamabad. Through the company's financial strength and experienced top management, the company works with co-investors, acquiring and executing development and exploration programmes, leading to production. In the United States the company's exploration activities are based in Louisiana and Alaska.Read More