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-term 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
