Our Strategy
Our Strategy
We are and oil and gas company. United’s business model is to hold assets within the oil and gas life cycle to deliver value for the shareholders.
Our purpose
Responsibly produce energy for our communities and stakeholders
Our vision
To become a leading independent oil & gas company focused on Jamaica, UK, North and West Africa and Greater Mediterranean.
Our strategy
Create value by actively managing our existing assets whilst growing our business through additional high-margin opportunities
United’s growth strategy is supported by five key pillars;
1
Value and strength of our existing assets
Jamaica provides exciting exploration upside, with 7 billion barrel potential unrisked arithmetic mean / mid-case prospective resources (United’s estimate).
We actively manage our portfolio to unlock the value of each asset throughout its life-cycle
2
Commitment to managing a responsible business
Explore, appraise and develop energy in a safe and responsible way
Creating a safe work environment
Excellent business ethics and good governance
3
Financial and risk management
Disciplined allocation of capital where it generates the best returns
Ability to access finance to fund future growth opportunities
Cost management
Management of financial risk and mitigants
Flexible work programmes
4
Experienced team
Leveraging breadth of experience and strong industry relationships
Strong technical, financial and commercial capabilities – expertise in identifying new opportunities
Track record of executing deals with large scale exploration and production companies
Demonstrated ability in financing significant corporate growth
5
Growth through M&A
Targeting opportunities that will deliver growth and value
To become a leading independent oil and gas company focused on Jamaica, UK, North and West Africa and Greater Mediterranean
Remaining opportunistic for assets outside these areas
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