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  • Build a material base of production assets through acquisitions in countries and basins that we have a deep understanding of and a strong track record.

  • Assets acquired will be able to be optimized within 6 to 12 months of acquisition.

  • Multi- task approach:  Assess and Evaluate, Acquire, Optimize and when appropriate, Exit.

  • Focus on near-term production and development of assets with proven reserves, rather than long-lead time exploration activities.

  • Balance between cash flow and growth.

  • Small portion invested in lower risk, high reward exploration.

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