Pharis Energy Ltd, the North Sea focused heavy oil development company, is delighted to announce the appointment of Christian Wilms as non-executive director of the Company with immediate effect.
Christian joins the Company having spent over 20 years working in the industry with Shell and MOL Group. At Shell Christian held a number of leadership positions. After leaving Shell he joined MOL Group as Senior Vice President Subsurface & Field Development responsible for all development projects as well as supporting business development and exploration.
Christian was educated as a physicist but started his career at Shell as a geophysicist before later moving into reservoir engineering. He has extensive experience in various enhanced oil recovery mechanisms including steam flooding, polymers and the application of surfactants.
Christian has worked in a number of geographies globally, including the Netherlands, Nigeria, Qatar, USA and the UK before recently moving to Hungary.
Steve Brown, CEO of Pharis, commented:
“We are delighted that someone with Christian’s experience and expertise has decided to join our Board. We believe that his skill set will significantly help Pharis as we look to progress the development of Pilot, Elke, Narwhal & Blakeney.”
About Pharis Energy
Pharis Energy was founded in 2014 as The Steam Oil Production Company Ltd and is the sole licensee of P2244, P2320 and P2482 which together contain over 500 mmbbls of discovered heavy oil in place in the Pilot, Elke, Narwhal, Blakeney, Harbour, Feugh, Dandy and Crinan fields, which lie in blocks 21/27, 21/28, 28/2 and 28/3, 140 kms due East of Aberdeen.
Pharis is working on plans to develop the Pilot field and is currently in the Concept Select phase of its work. Pilot, which is the largest oilfield in Pharis’s portfolio was discovered by Fina in 1989 and has been appraised with seven reservoir penetrations including a horizontal well test which produced over 1,800 bbls/day from a short horizontal well. A conventional hot waterflood approach to the development of Pilot would produce 2P reserves of about 60 MMbbls of oil, whilst a successful steam flood could recover over 110 MMbbls of oil from Pilot; these incremental volumes are contingent resources and contribute to the total of 180 MMbbls of contingent resources on Pharis’s licences. The licences also contain minor discoveries with about 12 MMbbls recoverable (unaudited) and 245 MMbbls of unrisked prospective resources.