What is the right capital structure for growing juniors and independents?

Max Petroleum President and CFO Michael Young knows a thing or two about the right capital structures for growing juniors and independents. What’s the right capital structure? It Depends ….

Type and stage of assets

• Geographic location
• Political risk
• Exploration vs development

State of capital markets

• Equity vs debt
• Public vs private
• Timing is everything

Existing capital / corporate structure

• Work with what you have
• Regulatory approvals

Do you agree?

This list has come from Michael’s slides at the 2011 World Independent Oil Companies Congress. You can download a copy of them here ›  

You can also see how Nautical Petroleum successfully raised funds for exploration here ›