Our Strategy

Acquire, Produce, Drill

Our goal is to acquire and manage our oil and natural gas properties to generate cash flows and provide stability and growth for the long-term benefit of our stockholders.

Target PDP Acquisitions

We capitalize on the opportunity to acquire complementary producing conventional oil and gas assets in the Appalachian Basin from industry players who are seeking to focus resources on shale reservoirs. Our target assets are characterized by predictable production rates, long-life (50+ years), and low decline rates.

Maximize Production

Our goal is to maximize production from our portfolio through the deployment of rigorous field management programs and accelerating or extending production by deploying new extraction technology and/or refreshing decayed infrastructure on poorly maintained wells. Through operational and cost efficiencies, we have demonstrated our ability to maximize value by enhancing production whilst lowering costs, resulting in low operating costs of below $8.00 per boe.

Through operational and cost efficiencies, we have demonstrated our ability to maximize value by enhancing production whilst lowering costs.

Execute Low-Risk, Low-Cost Drilling

As a result of our focus on conventional shallow formations, our wells are low cost and operationally low risk, ensuring we retain strict control of drilling and completion costs.

Our vast portfolio is comprised of approximately 1.45 million leasehold acres and provides a significant opportunity for organic growth through infill drilling activities. As a result of our focus on conventional shallow formations, our wells are low-cost and operationally low-risk, ensuring we retain strict control of drilling and completion costs. We can activate a low-risk development program in a favorable commodity pricing environment that ensures a quick return on investment.