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STRATEGY Maintain a proactive, focused exploitation and production approach committed to employing technical and operational expertise in the Upper Gulf Coast geologic trends where projects are being generated and acquired.
MISSION Create value for partners by generating prospects and acquiring property interests with significant upside potential and limited downside risk and to identify and capture unrecognized value in the proved and probable reserve categories.
Develop this potential while mitigating the inherent risk associated with oil and gas production. The geographic area of focus is the Upper Gulf Coast. As important is the strategic focus, which is to generate and acquire interests in oil and gas exploitation projects.
Success has been obtained in the geographic and strategic focus areas utilizing extensive oil and gas experience exploiting properties in the defined areas.
This experience combined with creative abilities has resulted in a long list of active projects being pursued and to continue to pursue in achieving the mission.
While pursuing these projects, additional ideas are continually being generated, evaluated and initiated for future projects.
RESULTS The plan has been proven successful by utilizing the proactive, focused exploitation and production commitment and employing technical and operational expertise in the North Louisiana and Central Mississippi Lower Cretaceous and Jurassic geologic trends. The focus is on generating increases in production and cash flow as fuel for future growth.
Continuing to be disciplined in the decision making process and following the objectives listed below will continue to result in superior performance.
Wiley generates growth opportunities.
He strives for as much control as possible. That is certainly true in the process of generating opportunities, but also acquiring and operating those opportunities. He maintains a strict geographic and a strategic focus.
He uses expertise in the upper Gulf Coast area to reduce risk and build off of an ever growing knowledge base and expertise of the specific geologic trends.
He maintains a strategic focus of further exploitation and development of producing trends. He maintains geologic, geophysical and engineering expertise. He limits capital risk on exploration projects. His experience is that excellent rates of return and value creation can be achieved by following a lower risk approach while also still gaining exposure to exploration through other techniques.
Exploration prospect ideas are generated in the process of field development and exploitation activities the capital employed in those exploration activities is just limited. Wiley is proactive, focused, exploitation centered and committed to technical expertise in the areas where he is generating, acquiring and operating value creating projects.
He relies on experience, expertise, contacts and creative abilities to identify, evaluate, acquire, and make attractive exploitation projects happen. Since value and cash flow generation with minimal risk is the goal numerous type projects are considered. Emphasis is on the generation of median cost, low to moderate risk, high potential projects.
They will have multi-pay and offset potential. Subsurface geology supported by reservoir engineering and 3D seismic where applicable are used in generating these projects. Risk is mitigated by combining participating working interest and selling interests in the prospects for an after drilling, casing point, payout, or overriding royalty interest.
Acquisitions within the focus areas will be done when additional potential can be identified without having to pay for all of the upside. Marketed packages can be worked quickly and better understood as a result expertise in the area.
The same rule applies:BUSINESS PLAN January Energy and Technology Corp Petroleum Towers Suite and oil and gas pipe.
This subsidiary provides a good lead-in to ENGT’s complementary inspection services and is expected to produce good growth during any industry upturn.
Energy Pipe, LLC conducts this business through the plant in . (Exploration, Development and Production of Crude Oil and Natural Gas) business, domestic Gas Business, and Environmental and Innova tive Technology Businesses.
In the Previous Plan, we have set 3 stages of quantitative targets (1. View Trends, Analysis and Statistics, Trusted Sources · Industry Challenges · Market Opportunities · 3 Million ReportsTypes: Market Statistics, Industry Insights, Market Overview, Industry Analysis.
Basic Overview of Ghana [s Emerging Oil Industry Nine production wells bring the oil and gas from below ground to the surface. In addition there are eight drillings to inject gas and water.
This is done to maintain the field pressure Basic overview of Ghana's emerging oil industry by Thomas Kastning. Whitewater Oil Gas & Minerals Inc.
is a business, and to that end its mission is to grow and expand while, at the same time, awarding its investors the greatest return possible.
4. The Ontario Oil, Gas and Salt Resources Trust (Trust) Business Plan was prepared to fulfill the mandate of the “Trust Agreement” between the Province of Ontario and the Ontario Oil, Gas and Salt Resources Corporation, an entity established by the Ontario Petroleum Institute (OPI).