Article 18 December 2018
EDR TEAMS UP WITH GNEISS ENERGY FOR FAST-TRACK GROWTH
This partnership will expand both firms’ areas of focus and strengthen the depth of their expertise. Together, their respective specialist knowledge and resources will benefit investors, IOCs, AIM listed companies and Independents.
About EDR (Explore Develop Renew)
EDR is an Oil & Gas consultancy, based in the Channel Islands and providing truly independent consultancy expertise to exploration and development programs through consultancy and their innovative EP&D Insource® solution.
EDR was setup in 2018 by husband and wife team, Edward and Samantha Bowen, both previous shareholders and directors of the EPI Group. Following a Private Equity MBO in 2014, Edward continued to lead that business through a series of service line diversifications, debt refinancing and corporate restructuring in one of the harshest Oil & Gas environments. He left in 2018 and leads the commercial side of EDR.
Brian and Jenny Goddard, founders of the EPI Group, continue to act as Board Advisors for EDR, providing valuable backing, guidance and support on an ongoing basis.
Samantha Bowen commented: ‘2018 was the right time to setup a new consultancy to challenge a rather outdated model, particularly given the fragmented and changing competitive landscape which has reduced choice for operators. We’re driving for more transparency, innovation and efficiency to enable clients to buy smarter.’
Edward Bowen added: ‘We are delighted to have formed this relationship with Gneiss Energy which further strengthens our ability to grow the business. As established and respected former owners of the EPI Group, we can confidently overcome many of the challenges a new entrant faces when contracting with large multi-nationals, particularly in the first few years whilst we are gaining a solid foothold in the market’.
EDR’s bankers are SG Kleinwort Hambros Bank, Guernsey. KH is Société Générale’s private banking and wealth management division in the UK and Channel Islands.
About Gneiss Energy
Gneiss Energy is a relationship-led advisory practice operating exclusively within the energy and natural resources sectors.
Gneiss specialise in transaction origination and execution, providing independent, strategic, technical and commercial advice and project management support, at both board and senior management level.
The high level of service the firm offers is firmly founded on the knowledge, experience, insight and judgment of their advisers and consultants, gained over decades of in-depth involvement in the energy and natural resources sectors at leading companies, enterprises and investment banks.
Gneiss’ independent counsel and assistance, firmly underpinned by practical implementation support, allows them to partner with clients to achieve successful, transformative transactions.
Why Gneiss are different:
Unrivalled, established sector expertise
Able to identify unique transactional opportunities
Creative problem solving
Track record of successful execution
Strong relationships at board/senior management level, from small and mid caps to the majors
Senior-level client commitment
Flexible approach and wide service offering