Deep analysis and informed decisions are critical, but we acknowledge excellent prospects need capital and the operational expertise. While dry hole wells are part of exploration, they provide crucial insights to learn and capabilities.
We spend time understanding a prospect generator's vision, infrastructure needs, and various milestones necessary to achieve project viability. Then, by drawing on our 50 years of multi basin operational experiences, we can implement state-of-the-art exploration technology and exploration techniques to improve the chances of project success.
* We will acquire PDP assets that involve any of the strategies above with a preference of creating value through the drill bit
