BPE was incorporated and initially “thinly” capitalized (100 shares issued at $1.00) on 23 December 2009 in the Republic of Seychelles. Subsequently, a total of one million (1,000,000) shares were issued under a Shareholders’ Agreement (“SHA”) dated 30 July 2010. In accordance with the laws of the Republic of Seychelles, the sum of US $ 28.00 was paid up on each share in cash or in kind resulting in equity of US $ 28 million ($11 million in cash and $17 million in kind). On 10 February 2011, the Company signed a Share Subscription Agreement (“SSA”) and an amended SHA with a Private Equity Group whereby additional shares will be issued over a maximum of 5 years under a drawdown facility. Drawdowns will be made quarterly and corresponding shares issued based upon approved budgets. The proceeds to be received under the amended SSA of approximately $72 million will be used to fund the Company’s exploration and drilling program over the next 12-36 months.
The Company along with its employees is committed to practice the highest standards of corporate governance. The manner in which Black Platinum Energy Ltd. (BPE or the Company) and its employees are to conduct day to day business is defined by the Company’s Code of Conduct. This Code of Conduct serves to protect the Company, its employees and other stakeholders from unnecessary and unwanted financial, legal and reputational issues/exposures.
Jobs Vacancy December 2011 Black Platinum Energy
BPE is also committed to the safety and health of our staff, contractors, and other stakeholders affected by our operations. The Company strives to promote and ensure the highest standards of health, safety and environmental practices.
BPE is an Indonesian focused oil and gas exploration company formed by private investors with a proven track record of success in Indonesia. <---Articles Source--->
Over the past several years, BPE management has assembled a select exploration portfolio of oil and gas assets having a common theme as follows:
located in offshore western Indonesian proven basins, close to successful plays and infrastructure increasing the chance of success and development of any discovered hydrocarbons;
substantial G&G work has been completed;
Several prospects have been identified/mapped and are technically ready to drill within the next 12 - 36 months
Black Platinum Energy Ltd is engaged in oil and gas exploration activities. It has six Production Sharing Contract blocks of which it operates 2 blocks and is a non-operator in 4 blocks. The Company is seeking candidates for the role of:
Receptionist
With the following requirements:- Having at least Diploma degree in secretarial / administrative or equivalent with at minimum one year related experienced and/or training.
- To perform this job successfully, an individual must have knowledge of; internet explore, microsoft excel, microsoft outlook, microsoft word, microsoft power point and windows operating system.
- Fluent in English both spoken and written.
- Demonstrate effective communication and interpersonal skills.
- Well organized and detailed.
<---Official Source--->
Please send your comprehensive CV in English with a recent photograph not later than December 27th, 2011 to: hr@blackplatinumenergy.com