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The Launch Pad
(Total Views: 126)
Posted On: 07/08/2021 8:27:36 AM
Post# of 74550
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Posted By: budfoxfun
$VKIN The Company's strategy is to engage in the acquisition, exploration, development and production of oil and natural gas properties, both individually and through collaborative partnerships with other companies in this field of endeavor. Viking has relationships with industry experts and formulated an acquisition strategy, with emphasis on acquiring under-valued, producing properties from distressed vendors or those deemed as non-core assets by larger sector participants. The Company does not focus on speculative exploration programs, but rather targets properties with current production and untapped reserves. The Company’s growth strategy includes the following key initiatives:

-Acquisition of under-valued producing oil and gas assets
-Employ enhanced recovery techniques to maximize production
-Implement responsible, lower-risk drilling programs on existing assets
-Aggressively pursue cost-efficiencies
-Opportunistically explore strategic mergers and/or acquisitions
-Actively hedge mitigating commodity risk

https://www.vikingenergygroup.com/strategy/overview

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