Objective
Strike Oil´s objective is to create further shareholder value by:
- expanding its production base in the Gulf Coast, Texas; and
- becoming a producer in existing prolific producing areas including the Carnarvon and Cooper-Eromanga Basins in Australia.
Strategy
To achieve this objective, the company has a strategy in place to yield a superior return on investment in the upstream Oil and Gas Industry by:
- focusing on these areas to increase the chance of discovery and to enhance the speed of commercialising discoveries;
- utilising industry-leading skills, capabilities and knowledge to improve our competitive position;
- partnering with proven oil and gas finders and operators who employ leading edge technologies and demonstrate competitive advantage;
- actively managing the company’s asset portfolio to maintain a balance between lower risk/moderate return and higher risk/high return opportunities; and
- being creative and opportunistic in identifying and developing new business opportunities.
