Natural gas exploration asset in South Asia
Tridevi Capital sourced, conducted in-depth technical and commercial due diligence and advised investors on a farm-in investment into a natural gas exploration block in South Asia. The investment is used for capital expenditure of approximately US$25 million. The block has already achieved some success as a viable discovery has been made. Further drilling continues.
Whilst an early exploration stage asset is outside the future mandate of Tridevi Capital, this investment follows Tridevi Capital’s distinct approach to source opportunities off market and apply its rigorous investment process to assessing and managing them for its investors.