Topic:	Oil Exploration in Southeast Asia and Pearl Energy
Speaker:	Mr Richard Allan Lorentz Chief Business Development Officer Pearl Energy Singapore
Date:	Friday, 22 July 2005
Time:	10.30 am – 12.00 noon
Venue:	ISEAS Seminar Room II

Richard Allan Lorentz is the Chief Business Development Officer, a co-founder of Pearl Energy and is responsible for the overall strategic development of Pearl's portfolio. Mr Lorentz is a petroleum geologist with more than 24 years of experience in the oil and gas industry, of which 22 years involved exploration in Asia.

Mr Lorentz has held key positions in the oil and gas industry of which the most recent were Manager of New Business Development for Elf Aquitaine (1998-1999) based in Singapore, New Ventures and Exploration Manager for Gulf Indonesia Resources Ltd. (1991-1998) and Senior Production Geologist for Asamera (South Sumatra) Ltd. (1988-1991), both based in Jakarta. Between 1980 and 1988, Mr Lorentz worked with Oriental Petroleum & Minerals (Philippines), Funk Exploration Inc. (US), and Anglo-Suisse (Pakistan) Inc. based in Karachi.

Mr Lorentz is a member and past Chairman of the Professional Division of the Indonesian Petroleum Association, a member of the American Association of Petroleum Geologists, and the current President of the Southeast Asia Petroleum Exploration Society (SEAPEX) based in Singapore. He holds a Master of Science degree in Geology from University of the Philippines (1981) and a Bachelor of Science degree in Geology from Oklahoma State University (1979).

Southeast Asia represents one of the most dynamic of the world's oil and gas regions. Currently the region boasts over 440 active contract areas with 191 companies involved in the upstream industry. Upstream oil and gas transactions have averaged a combined volume of US$ 1.8 billion per year in value during 2003 and 2004, with 2005 on track to beat this level.

PEARL Energy was originally established in 2000 and made its first acquisition in 2002 growing to a company with roughly 33,000 gross sq. km. under license, covering 9 contract areas in 3 countries, and an average net daily production in excess of 10,000 barrels of oil per day. It recently became the first pure "E & P" company to list on the Singapore Stock Exchange as an Initial Public Offering, and has offices in Bangkok, Jakarta, as well as its business development and head office here in Singapore. This talk will attempt to demonstrate Pearl's efforts to build a balanced portfolio quickly, as well as touch on its plans for the future.

The Seminar Co-ordinator
Institute of Southeast Asian Studies
30 Heng Mui Keng Terrace
Singapore 119614

I will be able to attend the Seminar on Oil Exploration in Southeast Asia and Pearl Energy by Mr Richard Allan Lorentz on Friday, 22 July 2005 at 10.30 am at the Seminar Room II, ISEAS.

Prof/Dr/Mr/Mrs/Ms:_______________________________________________________
(please underline surname)

Please complete the Reply Form and return by fax to the Institute of Southeast Asian Studies or email: karthi@iseas.edu.sg by Thursday, 21 July 2005.

Notes: 1. All registrations are on a first-come-first served basis, and will be taken as confirmed unless otherwise notified.

2. Parking is available at the Heng Mui Keng Complex Carpark, located next to ISEAS Building. At the carpark, please take the lift to LEVEL 6 (Lobby) and exit through the main entrance to ISEAS Building. For the location map, please logon to <http://www.iseas.edu.sg/abiseas.html>.