Aziza Project LLC Pioneers Hydrocarbon Investment Opportunities in Africa with “Digital Shares”

• Sub-Saharan Africa is last unexplored hydrocarbon frontier
• Region comprises an area larger than India, China and the U.S. combined
• Aziza owns $100 million stake in Namibian hydrocarbon project

Pioneering outfit Aziza Project LLC is boldly going where few have gone before by investing in oil and gas businesses operating in sub-Saharan Africa, a vast underdeveloped sector of the hydrocarbon cosmos. At stake are claims in Namibia valued at $100 million. Its investment approach is also crossing frontiers, as Aziza is hosting a tokenized investment fund. It plans to raise $60 million in capital through the sale of Aziza Coins, an asset-backed security token compliant with the Ethereum blockchain ERC20 standard.

Sub-Saharan Africa is the last unexplored frontier in the hydrocarbon world. It is a region of promise, if for no other reason than its size. In total, the area covers roughly 27 million square kilometers, or 10 million square miles (http://nnw.fm/SXsi2), and it includes those African countries south of the Sahara. This is a landmass larger than the U.S. (3.8 million square miles), China (3.7 million sq. mi.) and India (1.3 million sq. mi.) put together. Despite its immensity, political and military turmoil have kept investment in the region by oil and gas explorers down to a minimum. Sub-Saharan Africa’s oil production is a mere seven percent of world output, and even the region’s top producers are minor players on the global stage. Nigeria accounts for around three percent of global oil output, while Angola produces about 2.5 percent. The rest of Sub-Saharan oil production comes from around a dozen or so countries, including South Africa, which contribute less than two percent of global supply.

Natural gas from sub-Saharan Africa is even less of a factor in global supply. In 2014, the region accounted for a mere 3.19 percent of global output, most of which (2.74 percent) came from Nigeria. However, large finds like the 160 trillion cubic feet (TCF) of gas discovered in the Rovuma Offshore Basin of Mozambique over the past decade signal that, in natural gas at least, there is more to the region than meets the eye.

The Aziza Project is venturing into this vast uncharted territory. It owns one-fifth of Africa New Energies (“ANE”), which has concessions from the government of Namibia to explore for hydrocarbons offshore. To commence its drilling program, the Aziza Project is out to raise funds through the sale of Aziza Coins. The tokens represent an indirect fractional ownership interest in the Aziza Project, meriting, perhaps, the term “digital shares.” Aziza Coin holders, in effect, will own part of the Aziza Project and will become economic beneficiaries, able to share in any of the profits made by the organization.

ANE was founded in November 2012 to take up an offer from the Namibian government to search for natural gas and other hydrocarbons. The company initiated an exploration program that utilized a variety of innovative, non-industry standard exploration techniques. ANE developed an algorithm that analyzed multiple layers of data gathered from satellite, light aircraft and ground surveys, for example. The techniques and data have since been back-tested on thousands of proven wells around the world, with promising results. The company believes that the back-testing and integration of several layers of data has substantially improved the probability of drilling success while reducing costs to around 10 percent of industry standard methods. Search costs have also been reduced by enlisting the help of local communities, who report natural spillages of petroleum.

This approach has yielded 32 potential oil and gas fields, with potentially billions of barrels of oil equivalent (BOE). As a result, ANE has applied for (and been awarded) further concessions on some of the most advantageous terms that industry experts have seen in 40 years. Based on a recent unsolicited offer, interest in the ANE claims are valued at $100 million.

For more information, visit the company’s website at www.Aziza.io

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