An institutional investor’s perspective on oil and gas investment*
A. ZhmurovskyEIG Global Energy Partners.
The APPEA Journal 51(2) 712-712 https://doi.org/10.1071/AJ10092
Published: 2011
Abstract
From the perspective of an institutional oil and gas investor, investing is like creating a partnership. Given the long-term investment horizon, the focus is on creating value in the long run and on setting up the stage to withstand short-term volatility and uncertainty. A producer/developer is able to better focus on protecting its assets instead of managing the market’s expectations and quarterly earnings or KPIs. Also, projecting sub-surface performance is highly interpretive and adds another layer of risk to the already complex investment environment.
Andy Zhmurovsky is a senior vice president with EIG Global Energy Partners based in Sydney. Mr Zhmurovsky has spent the past 10 years expanding EIG’s investing activities in Sydney, London and Houston. Prior to joining EIG in 2001, Mr Zhmurovsky was an associate in the oil and gas investment banking team of CIBC in Houston. Mr Zhmurovsky is a graduate of the University of Texas at Austin with honours majoring in finance. |
