Our Vision:
We create value for the community and our investors
through commitment to quality, knowledge and creativity.
Our Strategy:
• To be one of the best exploration teams on the Norwegian Continental Shelf
• Obtain production (5-10 000 boe/day)
• Obtain operator pre-qualification
• Participate in about 3 exploration wells per year
Prospects normally close to infrastructure
Wells shallower than 4000m
Preferably oil potential
No deep‐water exploration
Stay out of especially environmental sensitive areas
Norwegian shelf only
• Preserve financial strength to be able to sell discoveries at the optimum time and to be regarded as an attractive partner by other oil companies and the Authorities
• Keep a technically focused exploration organization