Strategy

Goal

From inception, AziLat Petroleum’s goal has been to build significant stakeholder value through its early entrant status in the region combined with its experienced and proven exploration team and access to an extensive seismic database. These factors will allow AziLat Petroleum to generate and monetize significant exploration targets at a highly attractive point in the value creation curve. The company always utilizes cost effective leading edge technology to identify and de-risk material prospects and then attract partners to share the costs during the more capital-intensive drilling phase.

Strategic Elements

Technology:

• Use its access to a significant high quality seismic database to identify large overlooked hydrocarbon plays, which can be de-risked through the application of technology

Experienced Management:

• Highly qualified management team with extensive exploration experience within the region and a proven track record of material discoveries and genuine value creation

Active Portfolio Management:

• Build a significant licence portfolio across the offshore South America basins. Through the utilization of its data access the experienced AziLat team continues to mature exploration concepts into drillable prospects, which will attract the right partners to the licenses

Financial Capability:

• Regional exploration partner of choice through strong and long-term financial support from the Seacrest Capital Group and partners

Partnering:

• Mitigate risk and preserve capital through partnering with industry leading exploration companies

Growth:

• Actively manage and grow further the portfolio through optimization of its existing portfolio through license awards, acreage swaps and farm-in transactions based on technical excellence and a motivation for rapid progress