Vision and Strategy


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
• Keep status of partner –not operator
• Stay unlisted
• Drill 1-3 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