Operations

The Company’s strategy is to build shareholder value through the exploration and development of its existing assets, by seeking to add new high-potential assets and by evaluating potentially value-enhancing corporate transactions.

Operational activity and the subsequent review conducted by the board during 2014 led to a significant transformation of the business, which culminated in the acquisition of Hague and London Oil BV. Renamed Hague and London Oil Plc, the Company emerges from this period stronger, leaner and well positioned for a new stage of growth.

Clear strategy and on-going active portfolio management:

  • Sell or farm-out “non-core” aspects of existing portfolio
  • Rapidly expand from “core” aspects of existing portfolio
  • Define and establish new “core” aspects of future portfolio