Acquire.
- Dedicated A&D team to source, screen, and evaluate asset packages that fit our strategy
- Target high-quality, low-decline PDP assets with significant cash flow generation to facilitate current yields and provide development optionality
- Leverage diverse operational experience to provide differentiated insight into valuation
- Finance conservatively with first-lien reserve based credit facilities and use moderate leverage
Exploit.
- Enhance asset value by maximizing productivity and realizing cost structure efficiencies
- Pursue low-risk projects that meet desired hurdle rates at current commodity prices
- Develop at a pace that promotes distributable cash flow
Operate.
- Implement and maintain an efficient cost structure
- Manage risk through prudent capital investment decisions, hedging, and low leverage
- Maintain highest level of safety and regulatory compliance
