Strategy

The Company strives on an annual basis to re-place its produced reserves through acquisitions of existing producing leases or through low-risk drilling. The company periodically sells assets that no longer constitute a core long-term focus. The Company is a bank-financed production and acquisition company.

  1. We specialize in acquiring low-risk and low-cost properties to optimize value.
  2. We partner with other companies that provide key synergy in order to optimally develop properties in a safe and efficient manner.
  3. We apply 2D and 3D seismic technology where applicable.
  4. We use state of the art 3D software to model geology and petroleum distribution in all fields.
  5. We pick core areas in known oil and gas basins to best apply our operating and technical expertise.
  6. We target large fields with many multiple pay zones to allow for low-risk infill drilling or well optimization strategies.
  7. We acquire assets from small operators in which reserves may have been by-passed and allow for infill development.