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 |