History

Discover Exploration was founded in 2012 by the former management team of Cove Energy plc.

Discover's initial funding in 2012 came from ONH B.V., the holding company of Oranje-Nassau Energie B.V., the largest privately-owned Dutch E&P operating company.

In 2013, The Carlyle Group made a majority investment in Discover. Carlyle is a global alternative asset manager with US$210 billion of assets under management across 335 investment vehicles (as of 1 October 2018).

Strategy

The strategy of Discover Exploration is to deliver value through participation in E&P projects.

The management team has strong technical E&P expertise, solid industry reputations and long-standing relationships with major oil companies. The Company works with reliable, well financed and proven partners to build a balanced portfolio of assets.