We take our commitment to our business seriously. Our approach is to create value for our shareholders by focusing on oil production in safe and proven hydrocarbon-prone jurisdictions. Our stated objective is to consistently grow our resources, reserves and cash flows, with minimal shareholder dilution.
As we focus on resource development, we are aware that many of our activities take place in, or near sensitive environments. That’s why we are committed to increasing efficiency and minimizing environmental impact as we contain our costs. We actively encourage and ensure that our operating partners follow industry best practices, and we support them in their efforts to consult with and engage local stakeholders.
- Maintain a strong balance sheet to ensure financial flexibility in any oil price environment
- Purchase assets when oil prices drop, and employ an attractive derivatives program to protect cash flow as energy prices firm
- Deliver economic production and reserve growth from our oil and gas assets
- Remain open to partnering with, or even be acquired by other growth-oriented, like-minded or domestically-focused production companies