IMIC is an oil and gas investment company, and an investment opportunity for professional investors.
IMIC is based in Cyprus and has a subsidiary in the United States of America. It holds investments in the US and Europe.
IMIC is a mineral investment company. Open to take in additional external investors.
It allows high net worth individuals, family offices and other professional investors such as asset management companies, private banks and pension funds, an opportunity for low cost, more direct investments in oil and gas.
IMIC aims to invest in undervalued assets where successful development is likely, this then increases the value of the land as reserves and resources are proved up and it can be sold at a profit, or held and proved up further while enjoying cashflow from the production from the additional wells.
IMIC is focused on unconventional oil and gas but has a mix of assets.
IMIC’s founders have a long and solid track record. Including Globex Oil and Gas Corporation, which did about 10x just on its cash returns from 2012 to 2018, this company was split in 3 between its founders in 2018 with probably 2.5-3.5m BOEs of remaining estimated 2P reserves (of which approximately 2/3rds royalty interests, and the remaining being working interests).
The founders and technical team have more than 130 years aggregate oil and gas experience.
The technical team has extensive experience in petroleum engineering, geology and geophysics. The team has experience through all phases of petroleum developments, including value assessments and development planning to project execution and operations. They have experience with technical and value assessments to support license applications and commercial opportunities in Norway, UK and West Africa. The technical team has experience in project, contract and operations management. They also have a deep understanding of Quality Assurance and HSE management in the international petroleum industry.