About BPE
Black Pearl Energy, LLC (BPE) is a vertically integrated natural resources company formed to pursue upstream and midstream oil & gas development opportunities as well as downstream industrial applications for hydrocarbons in Argentina. BPE is comprised of operational, financial and relationship resources required to assemble the resources required to take advantage of opportunistic energy deal flow in Argentina. BPE will also evaluate value-based oilfield service and mineral development opportunities.
As Argentina has not historically developed its natural resources for large scale development and export, new President Javier Milei’s administration is directing the state-owned oil company, YPF, to exit mature assets and develop proven high-volume fields to significantly increase production necessary to pursue export markets and value-added opportunities for its natural gas production.
Oil & Gas Landscape in Argentina
Argentina is experiencing a resurgence in oil and gas activity, seen as crucial for economic recovery.
Significant natural gas reserves exist in both conventional and non-conventional fields with high volumes of new production scheduled to come on line during the next three years.
National government investments aim to significantly increase natural gas supply volumes and, ideally, to develop value-added applications with strong export demand.
The Argentinian government’s strategy is to develop upstream, midstream, and downstream applications aimed at ultimately exporting as much production as practically possible.
BPE's Strategic Positioning
Argentina
- BPE has relationships with key producers seeking to establish offtake specifically for gas, liquids and value-added derivative products.
- BPE has established strong backing from municipal, provincial and national governments.
North America and Europe
- BPE has relationships with US-based E&P’s and OFS companies seeking low-risk opportunities to participate in the re-birth of Argentina’s oil & gas industry.
- BPE has received inquiries regarding offtake from representatives of municipalities and industry in Europe seeking LNG solutions, as well as had exploratory discussions with the group within the European Union which helps to connect LNG providers with EU members seeking supply.
Upstream & Midstream Initiatives
Upstream Oil & Gas
YPF, Argentina’s national oil production company, is actively divesting its mature conventional production to re-focus on higher-yielding shale opportunities. YPF’s conventional production has not been well-maintained, and concessions may be acquired at excellent values with significant upside to increase production via workovers and re-stimulations.
LNG Export
Re-establishing of LNG exports to large customers, including industrial customers in the EU. Taking advantage of the existing gas transportation from the field to the deepwater port with existing infrastructure to support liquefication via an FLNG vessel.
Downstream & Natural Resources Initiatives
Nitrogen Fertilizer
Facilitating an end-to-end nitrogen fertilizer value chain. Ability to capture significant market share throughout South America – a very significant net importer of nitrogen fertilizer by end cost and logistics advantage over most any competitor importing into South America.
Lithium
Argentina holds substantial lithium reserves, estimated to be around 19% of the world's known lithium resources.
BPE is on a promising path engaging lithium concession holders that have made significant progress toward certifying reserves.
Our Team
Nicolas and Sebastian Perla
Managing Directors
Perla Family Office / VIS Media Group / Black Pearl Energy Based in Buenos Aires, the Perla Family Office is a holding company investing across an array of businesses and industries throughout Argentina. With the family owning business as diverse as hotels, casinos, fuel distribution stations, and a law practice, the Perlas have valuable insights into managing diverse business interests and operating throughout Argentina.
With Argentina’s renewed focused on developing natural resources, the Perla brothers have leveraged their extensive business network to launch Black Pearl Energy.
Dean Angelle
CEO, Energy Pipe & Equipment Rentals
Dean is the founder of Energy Pipe and Equipment Rentals, one of the country’s largest independent pipe distributors serving the oil and gas industry. During his 15 years owning EPER, the Company has acquired more than 150 MSA’s including some of the world’s largest oil and OFS companies.
Ken Griffin
Managing Partner, Pritchard Griffin Advisors
Ken is the co-founder of Pritchard Griffin Advisors, a Washington DC-based boutique investment bank specifically focused on energy-related initiatives. With a heavy focus on traditional hydrocarbons, PGA regularly represents clients throughout the oil & gas industry – from upstream producers to downstream value-added processors as well as OFS providers.
Contact Us
Headquarters
Avda. Córdoba 817, 5th Floor
Ciudad Autónoma de Buenos Aires
Zip Code 1054
República Argentina
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