plans to actively look for further oil and gas properties for acquisition or potential joint ventures as the company has the capacity to source assets and financing through its experienced management network.
through internally generated projects: We expect to generate long-term reserve and production growth predominantly through our drilling activities. We believe our management team's experience and expertise enable us to identify, evaluate and develop new natural gas and oil reservoirs.
Pursue High Potential Projects:
Management is focused on acquiring further projects that will provide future long-term drilling inventories.
and maximize operational control: Our objective is to generate profitable growth and high returns for our stockholders. We expect that our unit cost structure will benefit from economies of scale as we grow, maintaining high percentage operatorship of our reserves and production, and our continuing cost management initiatives.
Pursue Reserve and Leasehold Acquisitions:
The current acquisitions will play an important role in establishing our asset base. We intend to use our experience and regional expertise to supplement our drill-bit growth strategy with complementary acquisitions. We actively review acquisition opportunities on an ongoing basis.