Craig Steinke

Co-founder, CEO & Director of BluEnergies Ltd. A West Africa deepwater oil & gas explorer targeting Cretaceous basin floor fan plays. TSXV: BLU | OTCQX: BLUGF

[Craig Steinke @Craig_Steinke]

I've spent over 30 years in oil and gas exploration.

But I have spent almost none of that time online...

Partly because the work doesn't leave much room for it. Mostly because for three decades the results spoke for themselves and I didn't see the point.

So why start now?

There's a story running through my industry right now that almost nobody outside it is telling. And it's the reason I'm doing what I'm doing, at 30 years in, on the African side of the Atlantic.

So if we haven't met, I'm Craig Steinke, and I:

• Founded Reconnaissance Energy Africa and led the work that identified a working petroleum system in Namibia's Kavango Basin - a basin the industry had not recognized.

• Am now co-founder & CEO of BluEnergies, exploring offshore Liberia in partnership with TotalEnergies.

• Have explored across North America, Latin America, Europe, Asia and now West Africa. From production to unexplored frontier basins with no control points.

For fifteen years the money went onshore, into shale, because that's where the economics were.

But now, those economics have quietly reversed - for shale, most of the good rock has been drilled - driven by major advances in technology, offshore is coming back to the forefront.

Shale is getting more expensive to drill, deepwater is getting cheaper - and the last genuinely unexplored acreage on earth is underwater. That's why the majors are moving offshore... and why we're offshore Liberia.

Before the Atlantic existed, West Africa was fused together with South America. Guyana and Liberia were adjacent. When the crust tore apart, the rock that had already formed was split between two coastlines.

Exxon spent the last decade proving what that's worth in Guyana.

We're on the other half of it.

Offshore Liberia is yet to be proven , but the signs are promising - I'll be talking about this in the coming weeks.

Want to hear the news first?

Follow me @Craig_Steinke for more.

[Craig Steinke @Craig_Steinke]

@Benzinga Wrote about it in full down below:👇

https://t.co/J5piE8r32N

[Craig Steinke @Craig_Steinke]

The Houthis just struck Saudi Arabia's key oil pipeline.

Mainstream media is silent, but NASA satellite images are clear.

And 7% of the world's oil supply goes through that pipe.

What happened + how it affects the West: 👇

[Craig Steinke @Craig_Steinke]

Want more updates on energy markets worldwide?

Follow @Craig_Steinke - I'm posting updates daily.

[Craig Steinke @Craig_Steinke]

The Houthis just struck Saudi Arabia's key oil pipeline.

Mainstream media is silent, but NASA satellite images are clear.

And 7% of the world's oil supply goes through that pipe.

What happened + how it affects the West: 👇

[Craig Steinke @Craig_Steinke]

If this holds, here's the order it hits:

1. Tanker rates and war-risk insurance reprice within days.
2. Energy and shipping stocks catch the bid.
3. Pump prices follow crude with a lag of weeks.

This is a supply shock hiding behind a headline.

[Craig Steinke @Craig_Steinke]

No deepwater well has ever been drilled in Liberia's Harper Basin.

But that map is being redrawn right now, and we intend to be on it.

Follow along @Craig_Steinke , and I will share what we learn as it happens.

[Craig Steinke @Craig_Steinke]

Goldman Sachs just published the most important report of 2026.

It connects the oil industry to a looming supply crisis that will hit everything from gas prices to your electricity bill.

99% of people have no idea about it.

Here's what the Goldman report shows:👇

[Craig Steinke @Craig_Steinke]

I have spent 30+ years finding and funding frontier exploration.

And today, I lead BluEnergies.

We hold offshore acreage in Liberia, on the same transform margin as that 5 tcf find.

[Craig Steinke @Craig_Steinke]

This year's big oil approvals are led by Africa and Norway.

And Goldman's newest-discoveries list includes a 5 trillion cubic foot find off Cote d'Ivoire, on a margin the industry ignored for decades.

And this is really why I wrote this thread:

[Craig Steinke @Craig_Steinke]

And there's one number that tells you when the next price jump is coming.

It's not in the news.

It's the daily tanker count through Hormuz - while it stays low, the squeeze is still on. That's what I'm keeping an eye on.

[Craig Steinke @Craig_Steinke]

In March, Iran destroyed 20% of world gas supply in 24 hours.

The damage may not be reversed until 2030.

It barely made the news, but it's one of the biggest supply shocks in decades.

Here's the full story + why it matters in the West:👇

[Craig Steinke @Craig_Steinke]

It lands on the buyers.

Europe and Asia now have to replace that gas on the open market, bidding against each other for a shrinking supply.

That's how a strike in the Gulf turns into a higher power bill in London: