London
London
Cyprus
Turkenistan
+44 207 010 9200 info@buriedhill.com4th Floor, Wellington House, 125 Strand London, WC2R 0AP
info@buriedhill.comBuried Hill Energy (Cyprus) Public Company Limited, 8th Floor Nicosia Tower Centre, 36 Byron Avenue, PO Box 21341, 1506 Nicosia
info@buriedhill.comBuried Hill Serdar Limited, 15/1 Mollanepes Street, Ashgabat

About Buried Hill Energy

Our history and our principles

Buried Hill’s head office is in Cyprus with the corporate, technical and finance teams in London, UK and an operations office in Ashgabat, Turkmenistan.

The management team has substantial experience in executive roles across a number of leading upstream oil companies including Enterprise Oil, Shell, BP, Marathon, Petro-Canada and PetroKazakhstan.

In November 2007, the Company signed a Production Sharing Agreement with the Government of Turkmenistan to explore for oil and gas in the Block III contract area of the Caspian Sea, and established an operations office in Ashgabat, Turkmenistan. Block III includes the undeveloped Serdar oil field.

Since 2002, the Company has successfully raised more than US$200 million in support of its projects from a wide range of international institutional, individual and retail investors. Buried Hill’s most recent fundraise was in 2012 and the Company is now fully financed through appraisal and development to production from the Block III contract area.

The Company’s strong financial position and strategy is supported by a stable international institutional investor base of long-term shareholders. The 20 largest shareholders own just over 85% of the shares outstanding and the Company has over 250 shareholders in total.

How We Work

Buried Hill is committed to conducting all its operations to international industry standards. The Company’s health, safety and environmental strategy seeks to ensure a safe and secure working environment for all its stakeholders including government, contractors, local communities and employees. The Company’s strong relationships with its local partners, including the Government of Turkmenistan, are testament to its philosophy that building collaborative and positive partnerships in an open and transparent manner is the most effective strategy for ensuring operational success for all stakeholders.

Buried Hill’s business principles determine how the Company operates while delivering a transparent working environment with zero tolerance of corruption. All staff are required to comply with a strict Code of Ethics and Anti-Bribery and Anti-Facilitation of Tax Evasion Policies in line with international legislation, including the UK’s Bribery Act.

Buried Hill seeks to establish strong relationships with its local communities and to make a lasting social and economic contribution in the countries where it operates. Since inception, the Company has actively supported local communities through targeted social investment programmes which deliver positive impact for local stakeholders. These programmes have prioritised investment in healthcare services and education facilities in Turkmenistan. To date, the Company has invested in medical equipment and helped provide teaching technology in secondary schools, and is committed to making additional investment in both of these high impact social investment areas.

By creating shared value for local stakeholders the Company has fostered mutually beneficial and respectful relationships

Buried Hill Energy is an independent oil and gas company developing a
world-class oil field in the Caspian Sea