Company Overview

  • Stonehorse currently holds working interests in eight oil and gas wells located in Oklahoma and Texas with a pipeline of investment opportunities available through its step-in arrangement and joint venture partnership with Brookside Energy Limited and US operations manger Black Mesa Energy LLC.
  • Current oil and gas production from 8 producing wells and net cash flow positive.
  • Direct investment at the well bore gate
  • Low cost business model underpinned by back-in after payout arrangements with the first class US technical team (Black Mesa Energy) based in Tulsa Oklahoma
  • All current and future well bore investments are at the Company’s discretion and subject to meeting performance metrics.
  • No debt or contingent liabilities on the balance sheet.

Board of Directors

Robert Gardner (Executive Chairman)
David Deloub (Executive Director)
Jay Stephenson (Non. Exec Director)

Market Capitalisation

ASX SHE
Ordinary Shares 400.6M
Options 86.6M
Cash $1.81M
Market Capitalisation (at re-quotaion) $5.2M

Top 5 Shareholders

Shareholder Shares Percent (%)
Watch Hill Holdings Ltd 70,000,000 17.47
Roca Investments Ltd 65,000,000 16.22
Fastwitch Enterprises Pty Ltd 39,500,000 9.86
Wingstar Investments Pty Ltd 14,603,750 3.65
Miss Ria Joanne Neff 10,000,000 2.50