Sector Expert: Ashley Kelty
Ashley Kelty has more than 14 years experience in the oil and gas sector. Kelty joined Cenkos from the Lloyds Banking Group (formerly Bank of Scotland) oil and gas team, and was responsible for the management of a portfolio of debt clients. He both led and assisted in raising debt for numerous oil and gas companies. including Dana Petroleum, Faroe Petroleum, Serica Energy, Valiant Petroleum and PA Resources. He has also worked for Enterprise Oil and for Andersen Consulting (now Accenture) on their BP and ASCO contracts.
Oil and gas plays in Africa are no day at the beach, but they are more promising than the press would suggest, says Ashley Kelty, oil and gas equities analyst at Cenkos Securities Plc. Africa has locals with oil patch skills, abundant, accessible reservoirs and less volatile fiscal regimes than investors might think. In a wide-ranging interview with The Energy Report, Kelty riffs on shale in the U.S., basement reservoirs throughout the world and the news out of Africa. The investment opportunities are many.
"CAZ has had 17 successful wells in a row."
The Energy Report interview with Ashley Kelty
"We anticipate that reserves and production will grow materially for CAZ in the next 6–12 months."
Ashley Kelty, Cenkos Securities