Investors
Greenflame | Petrocaribe partners with investors to scale resilient infrastructure, enhanced oil recovery, and carbon-neutral projects across the Caribbean.
Investors
Greenflame | Petrocaribe partners with investors to scale resilient infrastructure, enhanced oil recovery, and carbon-neutral projects across the Caribbean.
Key investment highlights
- Positive view on oil prices as demand exceeds supply.
- Strategically located in Trinidad with 100% private ownership.
- Opportunities for carbon emissions reduction.
- Proven enhanced oil recovery technology.
- Skilled management team with strong technical depth.
Incentives and upside
- Reduced tax rate of 15% for EOR projects.
- 30% CCUS tax credit up to $500,000.
- Potential access to more than 10,000 onshore wellbores.
- Premium crude pricing with low sulfur content.
- CO2 sequestration value up to $250/MT in voluntary markets.
Key investment highlights
- Positive view on oil prices as demand exceeds supply.
- Strategically located in Trinidad with 100% private ownership.
- Opportunities for carbon emissions reduction.
- Proven enhanced oil recovery technology.
- Skilled management team with strong technical depth.
Incentives and upside
- Reduced tax rate of 15% for EOR projects.
- 30% CCUS tax credit up to $500,000.
- Potential access to more than 10,000 onshore wellbores.
- Premium crude pricing with low sulfur content.
- CO2 sequestration value up to $250/MT in voluntary markets.
Netherland Sewell & Associates 2022 summary
Remaining hydrocarbon volumes Parklands Block E, Trinidad
(Dec 31, 2022)
- Contingent resources: 17.933 (mstb).
- Gross 100% field volumes liquid (mstb).
Trinidad Upside Opportunities
Working interest: 75% in the oil produced via a PSA, subject to offsets:
Expanding Horizons
Potential access to more than 10,000 onshore wellbores for EOR and Carbon Sequestration.
CO2 Tax Benefits
Various tax benefits for sequestration of CO2
CO2 Sequestration
Up to $250/MT price in the voluntary market for sequestered CO2.
Verifiable Success
Achieving Production Milestones from Deeper Horizons.
| TYPE | TARGET MARKET | PRICE PER TONNE (USD) |
| Carbon Allowances | Heavy Polluting Industry | 90 |
| Carbon Capture Credits | Corporate | 50 |
| Voluntary Carbon Units | Corporate & Finance | 10 |
| Methane / H2O Credits | Heavy Polluting Industry | 25 |
| TOTAL | 175 |
Netherland Sewell & Associates 2022 summary
Remaining hydrocarbon volumes Parklands Block E, Trinidad
(Dec 31, 2022)
- Contingent resources: 17.933 (mstb).
- Gross 100% field volumes liquid (mstb).
Trinidad Upside Opportunities
Working interest: 75% in the oil produced via a PSA, subject to offsets:
Expanding Horizons
Potential access to more than 10,000 onshore wellbores for EOR and Carbon Sequestration.
CO2 Tax Benefits
Various tax benefits for sequestration of CO2
CO2 Sequestration
Up to $250/MT price in the voluntary market for sequestered CO2.
Verifiable Success
Achieving Production Milestones from Deeper Horizons.
| TYPE | TARGET MARKET | PRICE PER TONNE (USD) |
| Carbon Allowances | Heavy Polluting Industry | 90 |
| Carbon Capture Credits | Corporate | 50 |
| Voluntary Carbon Units | Corporate & Finance | 10 |
| Methane / H2O Credits | Heavy Polluting Industry | 25 |
| TOTAL | 175 |
Tax Benefits for Energy Projects
Reduced Tax Rate of 15% for EOR projects and a Tax Credit of 30% up to a maximum of $500,000 for companies investing in CCUS.
Tech-Driven Greenflame Investment Opportunity
Leading Technologies in Steam & Flu Gas injection coupled with low energy cost in T&T provides high performance investment opportunity GreenFLame Shareholders
Proven Oil Production & EOR: Expansion Potential
Proven multi-layered oil production in Trinidad provides several pillars for expansion applying our EOR TechnologyÂ
Tax Benefits for Energy Projects
Reduced Tax Rate of 15% for EOR projects and a Tax Credit of 30% up to a maximum of $500,000 for companies investing in CCUS.
Tech-Driven Greenflame Investment Opportunity
Leading Technologies in Steam & Flu Gas injection coupled with low energy cost in T&T provides high performance investment opportunity GreenFLame Shareholders
Proven Oil Production & EOR: Expansion Potential
Proven multi-layered oil production in Trinidad provides several pillars for expansion applying our EOR Technology