Financial Development Partners
Exploration - Development - Production
INPAC
Integrated Pan-African Energy Co., Ltd
New -
Not Yet Contacted
Not Yet Contacted
Met Key
Decision-Makers
In negotiations.
Decision-Makers
In negotiations.
Analyzed & Contacted
Waiting RESPONSE
for Fit Check
Waiting RESPONSE
for Fit Check
NOT A FIT
Now or in
the Future!
Now or in
the Future!
AGREEMENT
Alliance, JV
or Partner
Alliance, JV
or Partner
Made Contact
Not a Fit NOW but
certainly LATER
Not a Fit NOW but
certainly LATER
Made Verbal Contact
Interested - Set Meet
Interested - Set Meet
Met - Very Interested
Strategic Alignment
Moving to Negotiation
Strategic Alignment
Moving to Negotiation
Change is
Imminent
WATCH!
Imminent
WATCH!
Changed
Has moved
to our needs
Has moved
to our needs
Changing
Undergoing
Real Change
Undergoing
Real Change
On Board
and supportive
An INPAC Player
and supportive
An INPAC Player
GLOBALr
Not Restricted
Not Restricted
Criteria/Requriements
KNOWN and
ABLE to MEET
KNOWN and
ABLE to MEET
Interested in
MULTI-DEAL
FLOW
MULTI-DEAL
FLOW
Our TOP THREE
for FINANCING
in their CLASS
for FINANCING
in their CLASS
North America
Central and
GOM ONLY
Central and
GOM ONLY
Africa
ONLY
ONLY
INTERESTED, but
Too Mucn Deal Flow
Check Back LATER
Too Mucn Deal Flow
Check Back LATER
South America
ONLY
ONLY
Financing - Preliminary Activities
Have identified xx Private Equity / Debt and analyzed xx of them - resulting in the following::
Contacted: 20 - Private Equity; 2 - Mezzanine/Subordinated; 0 - Structured Finance; 4 - Debt
Met with: X - Private Equity; Y - Mezzanine/Subordinated; Z - Structured Finance; A - Debt
Interested: X - Private Equity; Y - Mezzanine/Subordinated; Z - Structured Finance; A - Debt
Acceptable Summary of Terms (SOT):
TERM UPDATES Deal A Deal B Deal C Deal D
Amount:
Type of Financing:
Use of Proceeds:
Take-down Date:
Final Maturity & Avg Life:
Interest Rate:
Commitment Fee:
Definition:
Financial Covenants:
Required Prepayments - x
Optional Prepayments without Penalty - x
Restriction on refinancing - x
Optional Prepayments under conditions - x
Optional Prepayments with Penalty - x
Protective Covenants:
Working capital - x
Short-term debt - x
Long-term (funded) debt
Senior - x
Subordinated - x
Lease obligations - x
Dividends - x
Other Stock Payments - x
Repurchase of Stock - x
Guarantees and other contingent liabilities x
Supply and purchase contracts - x
Mortgage, Liens - x
Other encumbrances - x
Sale and lease-back transactions - x
Met with:
Financial Potential Partners
Not determined yet. Work in progress.
Strategic Potential Suppliers/Vendors/Contractors/Subcontractors
Subsurface - Subsurface Consultants & Associates, LLC - Houston
Subsurface - Ryder Scott - Houston
Pan-African Potential Alliance Partners
Nigeria - CAMAC International - Houston & Nigeria
Guinea - Hyperdynamics Corporation - Houston & Guinea
Will keep financing and alignment activities on INPAC FINANCE on the PEG website and will advise when that section
is up and running so you can always check with those we have talked with and get feedback from those conversations
and meetings. Any special and significant news will be sent out in FLASH Message. I will also use this method of
communicating significant progress in the funding efforts.
Paul (as Chairman & CEO of INPAC Development Corp. - Houston based - to be registered in the future)
ACTION NEEDED: Executive Management Team need to identify and agree on NAME for the consulting/development
arm of INPAC. Name above is suggested BUT NOT verified as available.
ALSO...we must determine WHERE we want to incorporate in the U.S. - Delaware, Nevada, etc. (TAX and LEGAL
FRIENDLY to corporations) then file in Texas as a foreign corporation to minimize Texas Franchise taxes, etc.
Let's discuss the offshore funding of the Nigerian company aspects. Alex has the experience in two recent fundings,
so we need to understand that model soonest, especially in preparation for my discussions with equity and debt
players currently beginning in earnest.
Have identified xx Private Equity / Debt and analyzed xx of them - resulting in the following::
Contacted: 20 - Private Equity; 2 - Mezzanine/Subordinated; 0 - Structured Finance; 4 - Debt
Met with: X - Private Equity; Y - Mezzanine/Subordinated; Z - Structured Finance; A - Debt
Interested: X - Private Equity; Y - Mezzanine/Subordinated; Z - Structured Finance; A - Debt
Acceptable Summary of Terms (SOT):
TERM UPDATES Deal A Deal B Deal C Deal D
Amount:
Type of Financing:
Use of Proceeds:
Take-down Date:
Final Maturity & Avg Life:
Interest Rate:
Commitment Fee:
Definition:
Financial Covenants:
Required Prepayments - x
Optional Prepayments without Penalty - x
Restriction on refinancing - x
Optional Prepayments under conditions - x
Optional Prepayments with Penalty - x
Protective Covenants:
Working capital - x
Short-term debt - x
Long-term (funded) debt
Senior - x
Subordinated - x
Lease obligations - x
Dividends - x
Other Stock Payments - x
Repurchase of Stock - x
Guarantees and other contingent liabilities x
Supply and purchase contracts - x
Mortgage, Liens - x
Other encumbrances - x
Sale and lease-back transactions - x
Met with:
Financial Potential Partners
Not determined yet. Work in progress.
Strategic Potential Suppliers/Vendors/Contractors/Subcontractors
Subsurface - Subsurface Consultants & Associates, LLC - Houston
Subsurface - Ryder Scott - Houston
Pan-African Potential Alliance Partners
Nigeria - CAMAC International - Houston & Nigeria
Guinea - Hyperdynamics Corporation - Houston & Guinea
Will keep financing and alignment activities on INPAC FINANCE on the PEG website and will advise when that section
is up and running so you can always check with those we have talked with and get feedback from those conversations
and meetings. Any special and significant news will be sent out in FLASH Message. I will also use this method of
communicating significant progress in the funding efforts.
Paul (as Chairman & CEO of INPAC Development Corp. - Houston based - to be registered in the future)
ACTION NEEDED: Executive Management Team need to identify and agree on NAME for the consulting/development
arm of INPAC. Name above is suggested BUT NOT verified as available.
ALSO...we must determine WHERE we want to incorporate in the U.S. - Delaware, Nevada, etc. (TAX and LEGAL
FRIENDLY to corporations) then file in Texas as a foreign corporation to minimize Texas Franchise taxes, etc.
Let's discuss the offshore funding of the Nigerian company aspects. Alex has the experience in two recent fundings,
so we need to understand that model soonest, especially in preparation for my discussions with equity and debt
players currently beginning in earnest.