Competitive StrengthsWe believe that we are positioned to successfully execute our business strategy because of the following competitive strengths:
- Key members of our management team possess an average of thirty years of experience in the oil and gas industry, primarily within the D-J Basin. Members of our management team have drilled, participated in drilling, and/or operated several hundred wells in the Wattenberg Field in the D-J Basin.
Mix of both oil and natural gas reserves
- At December 31, 2015, approximately 40% of our estimated proved reserves were oil and condensate and 60% were natural gas and liquids. We believe this commodity mix provides a diversified source of cash flow.
Partnering with best in class service providers to drill and complete horizontal wells in Wattenberg Field.
We are reducing the risk and maximizing the potential of assets by following best practices.