A PREMIUM E&D EXPOSURE
High impact Alaskan exploration & appraisal supported by conventional Texan production assets.
We have a diverse portfolio with oil exploration on the Alaskan Central North Slope and oil and gas production in the Texas Permian Basin.
Key Focus Areas: 2022
Advance Alaskan acreage with significant upside remaining
- Seek to unlock the potential of the Shelf Margin Delta, Slope Fan and Basin Floor Fan play fairways on Project Icewine
- Continued assessment and due diligence on Peregrine, Yukon and Umiat acreage – material unexplored upside potential
Leverage longhorn cashflows and growth opportunities
- Longhorn to deliver continued low-capital, rapid payback
investment opportunities to grow production
continued high activity levels, maintaining momentum
- Assessment of new ventures opportunities across the activity lifecycle to grow and diversify the portfolio
- Healthy cash balance plus ongoing production cash flows provide strong platform for an active work program