Energy Ventures AS

Part of: Energy Ventures

Web Site: www.energyventures.no

Contact Details

Main Office 1 Kongsgaardbakken Stavanger, 4005 Norway	Mailing Address PO Box 202 Stavanger, 4001 Norway

Telephones


Main Office	+47 5184-1295		Stavanger	Fax	+47 5152-4607		Stavanger

Corporate Profile

Industry:	Asset Managers
Overview:	Established in 2002, Energy Ventures manages/advises four venture funds with a total committed capital of 2.33 billion NOK ($400 million USD). We are headquartered in Stavanger, Norway, with offices in Aberdeen and Houston. Our principals have extensive industry, investment, transaction and stewardship experience as well as a wide-ranging network in the oil and gas industry. Investments range from $5-20 million per company, with typical holding of 10-40% of equity. We are actively seeking early- to mid-stage investments in technology companies that deliver a marketable, proprietary product or service in the upstream oil & gas sector.

Industry:

Asset Managers

Overview:

Established in 2002, Energy Ventures manages/advises four venture funds with a total committed capital of 2.33 billion NOK ($400 million USD). We are headquartered in Stavanger, Norway, with offices in Aberdeen and Houston. Our principals have extensive industry, investment, transaction and stewardship experience as well as a wide-ranging network in the oil and gas industry. Investments range from $5-20 million per company, with typical holding of 10-40% of equity. We are actively seeking early- to mid-stage investments in technology companies that deliver a marketable, proprietary product or service in the upstream oil & gas sector.

Funds Managed / Advised

Fund	Amount		Type	Year	Current Status
Energy Ventures I	NOK	314,000,000
Energy Ventures II	NOK	589,000,000

Investment Preferences

Investment Size:	From USD 5,000,000 up to USD 20,000,000
Geographic Focus:	Companies based in the North Sea area or North America with an international orientation.
Industry Focus:	A proprietary, market proven and innovative technology in upstream oil and gas.
Investment Stage:	Early to mid-stage investments (post commercial revenue status).

Current Employees

Employee	Job Title	Office
Mr Pelle Bildtsén	Chief Financial Officer	Stavanger
Mr Einar Gamman	Partner	Stavanger
Mr Kjell Jacobsen	Partner	Stavanger
Mr Ole Melberg	Managing Partner	Stavanger
Mr Espen Strøm	Analyst	Stavanger
Mr Helge Tveit	Partner	Stavanger
Ms Anne Dagny Våge	Office Manager	Stavanger

Past Employees

Employee	Current Job
Mr Helge Hellebust