Our Strategy

Offshore Expertise

Core to our success is the skill, expertise and dedication of our self-motivated team. Our leadership team has 178 years of cumulative experience acquiring, exploring, developing, exploiting and operating oil and gas resources around the world. Along with a highly seasoned and trained staff, we are well positioned to excel in the Gulf of Alaska.

High-Quality Assets

We have assembled a portfolio of proven, high-quality oil and gas resources in the Gulf of Alaska, generating current production and cash flow along with significant future upside potential.

Financial Strength

Our high-margin production stream, operational efficiency and responsible capital structure ensure we can weather the cyclic nature of the energy business.

Our Strategy

Our business strategy is simple – optimize our existing operations, diversify our portfolio (through partnering, and acquiring select, high quality GOM oil & gas assets), sustain a healthy R/P, and generate value-creating investment opportunities with attractive returns; our ultimate objective is to sustainably, profitably grow production and cash flow.

The primary benefits of our strategy include:

Focus on known liquid resource basins to mitigate geologic risk and remain leveraged to oil.

Partner with industry leaders to diversify operational and financial risk.

Maintain a strong and liquid balance sheet to weather the ups and downs of the cyclical energy business.

178

Combined Years
of Experience

115,997

Gross Acres

14,000

Boe/d
(August 1, 2014)

36

MMBOE  of 1P Reserves
(January 1, 2014)