Our History and Strategy

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.

Delivering value through participation in Exploration and Production Projects