Strategy and values

Eland’s strategy is centred on generating shareholder value through the following priorities:

  • Increasing production through the commencement of the drilling programme utilising the debt facility
  • Maximising oil and gas reserves with a strong focus on bringing remaining reserves and contingent resources into production through a balanced work programme
  • Converting OML 40 leads into prospective resources through further 3D seismic acquisition, detailed studies and drilling exploration wells
  • Securing further opportunities with a structure to secure assets with a low entry cost and enhance value through expert knowledge and development