EPNG

The European Petroleum Negotiators Group was formed in 1984 as a way of enabling negotiators from oil and gas companies to meet socially, outside of formal negotiation settings. Membership now extends to over 100 energy companies across Europe... Secondly we look at substance. This could be demonstrated by having production or proven reserves. A pure exploration company could also qualify, subject to the third criterion, which is materiality. We are looking at companies with a market cap (or equivalent) in excess of ca. $5-10 mln.

Also known as: EPNG.org, European Petroleum Negotiators Group