The strategy for Oryx Petroleum is to fulfil our vision to become one of the world’s leading independent oil exploration, development and production companies.
The strategy is comprised of three key components:
|Focus on regions we know
Our primary focus is on Africa and the Middle East, areas with known hydrocarbon basins and where our team has years of experience managing exploration, development and production projects. We understand, intimately, the people and environments and have a proven ability to respect and adapt to local business cultures.
|Lead with our expertise
We aim, whenever possible, to operate assets. This allows us to determine the pace, quality and scale of investment and development of the license areas. Our team has the technical knowledge and experience to operate assets efficiently across the full life cycle of exploration, development and production.
|Maximise success by minimising risk
We concentrate on areas that are prospective for oil, in proven hydrocarbon regions and where we believe we have a competitive advantage. We also seek multiple interests to diversify exposure and improve efficiency. Our entrepreneurial and ambitious approach is always balanced by extensive risk assessment and mitigation strategies to optimise our chances of success.