Development
- Maximizing returns by reducing drilling and operating costs.
- Pursue projects that will permit development from existing cash flow, without the need to tie up excessive capital "building reserves."
Exploration
- Prioritizing opportunities, balancing risk with reward and near-with longer-term projects, resulting in advancing projects with asymmetric upside.
- Working to reduce costs by utilizing the Company's own equipment, planning for "scale," and partnering out risk.
Joint Venture Opportunities
- Seek to lower risk and accelerate activity.
- Expand TransAtlantic's opportunities.
Goal
- Create a fully funded, international, vertically integrated E&P company.