Introduction > Our bussines > Bussines model and value proposition
BUSINESS MODEL AND
VALUE PROPOSITION
We are true to ourselves and reach our objectives through the strategic definition of a business model that reflects our way of doing things and which is based on five core elements: Explorer, Operator, Consolidator, Risk and economic management, and Culture.
Explorer
Operator
ConsolidatorEXPLORER
The capacity, creativity, experience and methodology to find and develop oil and gas reserves, with the ability, economics and good science to take the necessary managed risks.
RISK AND ECONOMIC MANAGEMENT
The ability to consistently grow and build value through effective planning, balanced work programs, cost efficiency, dependable access to capital, and reliable communications with our shareholders. It’s also the ability to identify and mitigate the risks between the subsurface and what’s above the ground (financial, organizational, market, partners and shareholders, social, regulatory and political) to improve our economic value through financial management.
CULTURE
OPERATOR
The ability to execute in a timely manner and with the necessary know-how to profitably drill, produce, transport and sell our oil and gas and at a low price, all with the drive and creativity to find solutions, overcome obstacles, seize opportunities and achieve results.
CONSOLIDATOR
The ability to put together the right balance in our portfolio so that our upstream assets are in the right basins and the right regions, and we are working with the right partners and at the right price, coupled with the vision and skill to reshape and improve the different environments