Business Strategy

The Newark E&P business model is designed to minimize risk and maximize asset value for the company and its investors. It centers on a strong management team that can leverage substantial technical expertise to implement a proven development strategy:

  • Early entry into emerging and highly potential unconventional resource plays
  • Operate in basins with mature infrastructure and in areas weighted towards oil and natural-gas-liquids offering better economic returns
  • Generate projects internally and maintain low-cost operations
  • Grow production and reserves through drilling of underdeveloped properties as well as through opportunistic acquisitions of producing and non-producing properties
  • Develop prudent industry partnerships with competent and knowledgeable companies
  • Augment our capabilities with those of leading industry contractors and consultants