Growing in a new play
Establishing a growing business.
We've been operating in the Northern Delaware basin, which is located within the greater Permian area, since 2017. The majority of our acreage is in Eddy and Lea counties, New Mexico.
In 2020, we expect to bring 55 - 65 gross operated wells to sales. About 90% of our activity is in Upper Wolfcamp/Bone Spring intervals of Malaga/Red Hills.
Our focus since entering the play has been to strategically advance our position and prepare for future development. We're coring up our footprint, progressing early delineation of our acreage, improving our cost structure and securing midstream solutions.
A Clear Approach
Our strategy is focused on lower cost, higher margin U.S. resource plays. With operations in four of the best oil-rich basins in the U.S., we are positioned for long term growth.