The Company’s primary investment thesis is focused on contrarian investing in upstream oil and gas. At present we are focused on acquiring conventional oil and gas assets in either corporate or asset acquisitions. We are currently focused the acquisition of dry gas assets. The overall strategy includes a combination of acquisition, optimization and development activities. Our primary focus is building reserves and production followed by expanding acreage, development and exploration inventory.
Our business strategy includes:
Acquiring conventional oil and gas production and reserves through asset or corporate acquisitions or mergers;
Comprehensive field optimization, designed to increase and maintain production, lower per-unit operating expenses and therefore improve field economics;
Developing current acreage and development drilling inventory through internal generation of new projects; and,
Development, exploitation and limited exploration activities intended to increase production and proved reserves.
Our fundamental operating commitments are to:
Maintain a sound capital structure which provides Caerus with significant financial flexibility;
Control capital, operating and administrative costs; and,
Promote industry and institutional partners into exploration and development projects to manage risk and to lower net finding and development costs.
This operating philosophy is intended to address multiple risks of oil and gas operations while providing our shareholders with significant upside potential. Furthermore, we are focused on creating a stable and scalable operating platform that will have “staying power” in an industry that is volatile, unpredictable and subject to rapid changes.
