Own Resources acquires and revitalizes late-life integrated onshore oil and gas assets in the United States
We revitalize the value of our late-life assets through:
Safe Operations and a Strong License to Operate
We aspire to continuously improve our safety record, maintain strong relationships within local and regional communities, and support the global energy transition by reducing our emissions.
We invest continually in our assets to extend their life through cost-effective operations. Our approach includes executing work-over programs, optimizing distributed operations, up and mid-stream integration and reducing the field's footprint through active P&A and reclamation programs.
We continually are seeking acquisition opportunities with specific characteristics:
Mature US onshore assets
Oil as well as Gas
Preferably with integrated infrastructure
Mostly PDPs, PDNPs, and low-risk PUDs
Sub 15% decline rates
Perceived potential - operating for upside
$15-100M equity deals