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Sagex has a strong, enthusiastic staff with broad technical, commercial and managerial experience. A good work environment, allowing for creativity within a focused and process oriented approach, is a characteristic and seen as the proven way to grow company value in a competence organisation. Our strategy is to build a significant oil and gas company realising value throughout the exploration & production value chain. Key elements of this strategy are: • Active strategy to grow licence portfolio through - Licensing round applications - Farm-in and asset purchases - Joint ventures with local partners - Company mergers and acquisitions • Will actively use the subsurface and integration competence - “Competence-for-oil” swaps - Industrial synergies - Seeking opportunities where the company has a competitive edge - Strategy for local participation/content in areas of operations • Targeting a balanced portfolio - Norway, North Sea and internationally - Exploration, discoveries under evaluation, development and producing assets - Mature areas, growth areas and frontier areas - Operator and partner • Cooperate on data and technology; compete on interpretation, integration and application |