Strategy

Wellstar's objective is to build, develop, and manage a core asset base of producing oil and gas properties and proved reserves that provide positive cash flow and attractive earnings on invested capital. Maintaining the core asset base will allow the Company to pursue targeted exploitative projects and prospects.

Wellstar's business strategy includes acquiring and developing proved, producing properties. We believe in the following strategies:

  • Sustain financial flexibility through low debt levels
  • Develop and manage our existing core properties base
  • Purposeful acquisitions of producing oil and gas properties and targeted acreage
  • Minimize price risks by utilizing oil and gas derivatives for price hedging
  • Exploit proven undeveloped reserves in our portfolio

Targeted acquisitions along with strategic, timely divestitures are essential to ensure maintenance of a strong core asset base. The core asset base allows for specific exploitation of existing proven reserves.

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Wellstar Corporation