Strategy
1) Establish a substantial reserve base and sustainable production.
2) Cost effectively develop and acquire new and existing exploration and production assets:
- Preferably located in Australia, East Asia and Africa;
- With meaningful interests, preferably as operator;
- Located in countries with attractive fiscal regimes.
3) Utilise considerable technical, operating and corporate capabilities and experience to maximise the value of these assets.
4) Utilise established relationships with governments, national oil companies and joint venturers to identify and develop opportunities.