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Exploration and production company Advance Energy Ltd (AVD) has a team with over 30 years' combined experience in acquiring and optimising international oil and gas assets.

Focusing on established fields in Texas, USA that are close to existing infrastructure, AVD buys underperforming  assets and re-evaluates existing data to identify  untapped recoverable reserves.

By cutting costs, successfully restoring well productivity and undertaking additional drilling to identify further capacity, AVD maximises potential productivity and cash flow, before divesting the asset once it has returned its initial investment.

Advance Energy funds all proposed portfolio accumulation by a combination of equity, debt, the reinvestment of cash flow and the proceeds from the periodic divestment of properties.

The company undertakes all operations and holds all USA assets through there fully-owned US subsidiary, Advance Exploration & Production, Inc ("AEPI").