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Strategy PDF Print E-mail

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

 

Licence Map

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The Second Quarter Report

 The second quarter of 2010 experienced good progress in licences and the strategic process on strengthening the company long term.

Read more...

 
Copyright © 2010 Sagex Petroleum ASA. All rights reserved.

Sagex Petroleum ASA
Tordenskiolds gate 12, NO-0160 Oslo, Norway
Phone: +47 22 00 30 50, Fax: +47 22 00 30 51.
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