Current Mandates
Zambia - Marlex Emerald Mine
Comtrack Ventures Ltd is looking for a co-investor to rehabilitate an emerald mine in Zambia, requiring an initial investment of $3 million.
The Marlex mine located in the vicinity of Kagem Emerald Mine, the world’s single-largest producing emerald mine, itself located South of Kitwe and West of Ndola in Zambia’s Copperbelt Province. Kagem is, currently, producing nearly a quarter of the world’s emeralds.
The licenses surrounding the Marlex mine are owned and operated by Grizzly Mining Limited, another major emerald producer in Zambia.
Namibia - Orange Basin Offshore Oil & Gas Exploration
Oregen Corportation, a private, independent oil and gas exploration company dedicated to acquiring and developing high-impact exploration assets in West Africa, is looking to raise $20 million to develop two offshore blocks in Namibia.
Offshore Namibia is highly prospective yet underexplored, with fewer than 20 offshore wells drilled along its 1,300 km coastline. It is currently one of the most desirable global exploration plays, attracting major offshore operators such as Shell, Total, Chevron, Woodside, and Galp, all of whom are taking strategic positions, investing significant capital, and achieving several major discoveries.
UK - 33rd Round Offshore
Gas
Comtrack (UK) Ltd has partnered with Hartshead Resources PLC, a well-established UK offshore operator, in the 33rd Licensing Round. Together, they have secured two promising gas development projects: Licence P2679 in the Southern North Sea and Licence P2682 in the East Irish Sea. Comtrack holds a non-operating interest of 20% in the first project and 50% in the second. Both projects involve proven yet undeveloped discoveries, providing a relatively quick route to production within five years, requiring minimal further exploration. Simco Energy Management is supporting their next steps.