The Group aims to continue to generate growth in shareholder value by focusing on high-impact international plays that provide multiple targets with the potential to discover substantial hydrocarbon reserves. The Group's growth strategy is to acquire and invest in exploration and early development opportunities throughout the world, with a particular emphasis on its core areas of Africa, the Middle East and Russia.
To be successful, the Group has developed a highly effective network of influential industry, political and institutional relationships. These enable the Group to gain access to a wide variety of new oil and gas business opportunities.
The Company's competitive strengths include:
- Our ability to expand a portfolio of high-impact international plays
- Experienced management and technical teams with a track-record of finding valuable oil discoveries
- Our demonstrated success as a first-mover in acquiring assets in territories such as Uganda and the Kurdistan Region of Iraq
- Our proven record of realising value through asset sales