HOW IT WORKS

We wish to connect with curious people who wish to network and share news and knowledge with other proud energy workers or explore and develop oil and gas projects with us.

Anyone with an interest in energy is welcome to join our community for social networking. Individuals as well as groups are encouraged to participate in our projects and submit project proposals for our review and consideration. By creating an individual user account here (it’s free), you will get information on current projects and available awards, can register your interest for them, and get access to software and data we make available for our community members.

The deadline for submissions will be determined for each project and may be dependent on external factors, such as a deadline for applying for an exploration and/or production license in a government licensing round. Following a submission of a project proposal, we require an exclusive call option during a pre-determined period to acquire the rights to the proposals submitted. The exercise period may be as short as a few weeks, if the purpose of the call for project proposals is to mature submissions into an application for a license, but may also be for the duration of an exploration or exploitation license where we already hold the license. The terms upon which you engage with us will always be specified in the respective call for project proposals published on our website. You retain the intellectual property rights in your project proposal until we choose to exercise our call option, and can assign it to others after the expiry of our exclusivity period.

If we think that a proposed project fits our portfolio and strategy and choose to exercise our option to acquire the intellectual property rights in the project proposal, the community member that submitted the proposal may sometimes be given the opportunity to work with us in maturing the project to the next phase (e.g., in the exploration phase, to mature the initial submission into a license application or a drillable prospect). We consistently seek to optimize our own portfolio to ensure that we focus on the parts of the value chain where we can have the most impact, and may at any time decide to bring in financial or industrial partners to the project or sell it, if we consider it to be the best way of bringing the project to production.

Even though diversity of thought is one of the greatest upsides of our business model, sometimes great minds think alike. Therefore, occasionally, two or more community members may contribute proposals that are in material respects substantially the same. When this happens, and provided that each contributor has complied with the terms of engagement, the contributing community members will share any award equally.

If a project proposal does not fit our portfolio, but we think it has merit, we may agree  (on terms set forth in a separate written agreement) with the contributing community member to help mature and/or market the project proposal to a third party.

FAQ

What are the formal requirements to join the community? Anyone is welcome to join the community for social networking purposes. However, we only accept project proposals from those who do not have a conflict of interest, nor are subject to another undertaking (e.g,. under a  contract of employment or consultancy with another company) that prohibits you from doing so. We also ask that you confirm your adherence to our Code of Business Ethics.

Can I submit an unsolicited proposal for a project? We welcome approaches of this kind. However, if project proposals are submitted outside of an active call for project proposals, we request that you get in touch with us first, before sending in your detailed proposal, to clarify whether we already have an identical project in our portfolio, and other commercial terms upon which we engage with each other.

How do I know that you do not use my project proposal without paying for it? Our community is an important part of our business and operating model, and we strive to create value for its members. It is as important to us as it is to you that you are being treated fairly and with respect. That being said, it may happen that we receive project proposals that are materially and substantially very similar to projects we already have in our portfolio. If this is the case, we will advise the contributor without undue delay. We will regularly commission external audits to verify that we keep our promises to you.

What are the systems requirements?  A broadband connection is highly recommended in order to be able to access, read and (if permitted) copy data files from our database. We intend to have built-in interpretation software which can be accessed and controlled remotely in our cloud solution, so mid end computer RAM and graphic card will suffice. If you want to run your own interpretation software locally on your computer we recommend to follow the software supplier recommendations for hardware specifications, e.g., for OpendTect seismic interpretation software this can be found here.

OK! Sign me up!

PRIVACY POLICY

 

BACKGROUND

This Policy applies as between you, the User of this Web Site and Draupner Energy, the owner and provider of this Web Site and the controller of personal Data.  This Policy applies to our use of any and all Data collected by us in relation to your use of the Web Site and any Services or Systems therein.

 

Definitions and Interpretation 

In this Policy the following terms shall have the following meanings: 

Account

means collectively the personal information and credentials used by Users to access Content and / or any communications System on the Web Site;

Content

means any text, graphics, images, audio, video, software, data compilations and any other form of information capable of being stored in a computer that appears on or forms part of this Web Site;

Cookie

means a small text file placed on your computer by Draupner Energy when you visit certain parts of this Web Site;

Data

means collectively all information that you submit to or which is collected through the Web Site.  This includes, but is not limited to, Account details and information submitted using any of our Services or Systems;

Draupner Energy

means Draupner Energy AB, P.O. Box 28, 178 02 Drottningholm, Sweden;

Service

means collectively any online facilities, tools, services or information that Draupner Energy makes available through the Web Site either now or in the future;

System

means any online communications infrastructure that Draupner Energy makes available through the Web Site either now or in the future.  This includes, but is not limited to, web-based email, message boards, live chat facilities and email links;

User” / “Users

means any third party that accesses the Web Site and is not employed by Draupner Energy and acting in the course of their employment; and

Web Site

means the website that you are currently using (www.draupnerenergy.com, www.draupnerenergy.se, www.draupnerenergy.co.uk or www.draupnerenergy.no).

 

Data Collected

In addition to information you may provide while using certain features of the Web Site (such as your name, date of birth, contact information such as email addresses and telephone numbers, and other information you choose to provide at any time), the Web Site uses Google Analytics for statistical purposes. For more details on how Google uses your Data and how to control it, please visit https://www.google.com/intl/en/policies/privacy/partners/

In addition, any of the following Data may be collected:

IP address;

web browser type and version;

operating system;

a list of URLS starting with a referring site, your activity on this Web Site, and the site you exit to; and

Cookie information.

 

Our Use of Data

Any personal Data you submit will be retained by Draupner Energy for as long as you use the Services and Systems provided on the Web Site or for such period as required to exercise rights or meet obligations under a contract between you and Draupner Energy. We may share your Data with our affiliates and with actual and potential business partners who have an interest in a project for which you have done work for us. Otherwise, unless we are obliged or permitted by law to do so, your Data will not be disclosed to third parties (other than such third parties processing data on our behalf).

 

All personal Data is stored securely in accordance with the principles of the Data Protection Act (Sw. personuppgiftslagen 1998:204). 

Any or all of the above Data may be required by us from time to time in order to provide you with the best possible service and experience when using our Web Site.  Specifically, Data may be used by us for transmission by email of materials that may be of interest to you and contact for research purposesl.  Such information may be used to customise or update the Web Site.

 

Changes of Business Ownership and Control

Draupner Energy may, from time to time, expand or reduce its business and this may involve the sale of certain divisions or the transfer of control of certain divisions to other parties.  Data provided by Users will, where it is relevant to any division so transferred, be transferred along with that division and the new owner or newly controlling party will, under the terms of this Policy, be permitted to use the Data for the purposes for which it was supplied by you.

 

Controlling Access to your Data

You have the right to obtain information on the Data we process in relation to you, once per year and free of charge, as well as on the origin of such Data, the purposes of the processing, and any recipients or categories of recipients of Data. 

 

Security

Draupner Energy have put in place suitable physical, electronic and managerial procedures to safeguard and secure Data collected online, in accordance with the applies the guidelines of the Data Inspection Board on data security.

 

Cookies

Draupner Energy may set and access Cookies on your computer and uses them to facilitate certain functions and features of the Web Site.  Before the Web Site sets Cookies on your computer, you will be presented with a message bar requesting your consent to set those Cookies.  By giving your consent to the setting of our Cookies you are enabling us to provide the best possible experience and service to you through our Web Site.  If you wish to deny your consent to the placing of Cookies, certain features of the Web Site may not function fully or as intended.

You can choose to enable or disable Cookies in your web browser.  By default, your browser will accept Cookies, however this can be altered.  For further details please consult the help menu in your browser.  Disabling Cookies may prevent you from using the full range of Services available on the Web Site.

 

You may delete Cookies at any time however you may lose any information that enables you to access the Web Site more quickly.

It is recommended that you ensure that your internet browser is up-to-date and that you consult the help and guidance provided by the developer of your browser if you are unsure as to how to adjust your privacy settings.

 

Changes to this Policy

Draupner Energy reserves the right to change this Privacy Policy as we may deem necessary from time to time or as may be required by law.  Any changes will be immediately posted on the Web Site and you are deemed to have accepted the terms of the Policy on your first use of the Web Site following the alterations.