Overall Current Strategy
Oil & Gas Acquisition Plan:
- To acquire low risk undervalued producing oil and gas producing assets packaged with work over assets to reduce the disposal liabilities.
- Target to acquire new or add value to existing assets
- To Acquire or add value to existing assets by spending capital on low risk reactivation, workover and infill drilling programs to create significant value to the acquired asset
- International Exploratory Drilling programs with high returns.
- 3 to 5 year exit target plan on each asset after achieving benchmarks such production enhancements, optimization and fair commodity prices.