Business Strategy
- Dedicated to creating value guided by our company values and behaviors
- Support and embody a results-driven culture of opportunistic, performance-driven, and goal-oriented employees and partners
- Focus and adapt to an always changing environment
- Be deliberate and selective in building a team of “A” players
- Develop competitive advantages in core areas driven by a thorough technical playbook, an active development plan and a transaction oriented culture
- Aggressively pursue the acquisition of quality assets where we can capture additional upside opportunities, acquire additional leasehold, lower costs and increase production and cash flow
- Evaluate and pursue only those transactions where we have a strong competitive advantage to further create value
- Strive for efficiency and effectiveness in multiple evaluations and transactions and be in the market at all times
- Position ourselves as the buyer of choice, the seller of choice and partner of choice
- Develop, build and maintain strong industry relationships
- Organic growth through the development of our low-risk drilling inventory
- Maximize operational footprint to control quality and pace of development
- Consistent increase in production, cash flow, and reserves through drilling, leasing, and acquiring
- Maximize margins with efficient and safe operations
- Utilize the best technology and develop long-term relationships with service providers to achieve best-in-class capital efficiencies and results
- Maintain a culture of continuous improvement in operational efficiencies, integration of best drilling and completion technologies, and strong performance through safe and environmentally responsible procedures
- Seek strong, flexible, patient and market-savvy capital partners
- Maintain the appropriate amount of liquidity to weather the volatility in the commodity markets
- Structure equity and debt on the balance sheet to minimize cost and maximize flexibility to build and develop assets with a sense of urgency
- Maintain strong relationships with both equity and debt providers allowing us to be entrepreneurial in capturing additional opportunities
- Pursue a consistent and measured hedging strategy to protect future cash flow and underpin acquisition economics