apexintl.com Scam Check: 100/100 Trust | ScamMinder

This website appears legitimate based on AI analysis.

Apex International Energy is a privately-held independent oil and gas exploration and production company focused on Egypt. The company is led by a management team with extensive experience in building upstream oil and gas businesses in Egypt and is recognized by Egyptian authorities for its rapid production growth. Apex aims to become a leading independent explorer and producer in the Western Desert by further consolidating its acreage position and exploiting organic and inorganic growth opportunities. Key Points: 1. **Operational Focus:** Apex is actively involved in producing hydrocarbons from the Western Desert and is engaged in drilling appraisal, development, and exploration wells through its joint venture company, Farah Petroleum Company (PetroFarah). 2. **Geographical Focus:** The company's primary focus is on Egypt, which is considered one of the leading oil and gas provinces in the Middle East/North Africa region. The upstream industry in Egypt enjoys broad governmental support. 3. **Ownership and Leadership:** Apex is a privately-held company owned by private investors, with Bluewater, a specialist global private equity firm, leading the investor group. The company is led by a world-class management team and board of directors with significant experience in the industry. 4. **Production and Development:** Apex achieved its first production in August 2021 from the Southeast Meleiha (SEM) concession, Fajr Development Lease. It operates multiple development leases and has a robust development drilling program, as well as projects to enhance production through various technologies. 5. **Commitment to ESG:** The company is committed to health, safety, and security, as well as environmental, social, and governance (ESG) awareness and responsibility. 6. **Stakeholder Communication:** Apex emphasizes regular communication with all stakeholders, reflecting a commitment to transparency and engagement. 7. **Vision and Strategy:** The company's vision is to be a respected top 5 producer of oil and gas in Egypt through organic growth and disciplined acquisitions. 8. **Copyright and Development:** The website includes copyright information indicating that it is up to date with the year 2023 and was developed by Dot IT. Given the information available, Apex International Energy appears to be a legitimate and established player in the oil and gas industry, with a specific focus on operations in Egypt. The company's commitment to ESG principles and its track record of production and development activities align with the typical operations of an oil and gas exploration and production company. However, as with any investment or business decision, it's advisable to conduct thorough due diligence and consider consulting with industry experts or financial advisors for a comprehensive assessment of the company's standing and potential risks."

• Operational Focus, Geographical Focus, Ownership and Leadership, Production and Development, Commitment to ESG, Stakeholder Communication, Vision and Strategy, Copyright and Development