The 5 year Strategy Part one11 Nov 2019 09:51
In the light of the latest RNS and with the sp slowly going down before we get the result of the Saffron drill, I thought it would be appropriate to remind serious investors (LTHs) of the 5 year strategy.
So, typically, I have put the 5 year plan into verse
Interestingly, I found it very encouraging as I had to read the whole thing more carefully to achieve that, so I found it extremely cathartic.
It’s quite long I’m afraid as I wanted to include everything from the strategy plan and it might have to be across 2 posts
Columbus 5 year Strategy
Energy, vision, focus with a passion to succeed.
A strategy roadmap which you must surely read.
Let me show you exactly where we are today.
Clear plans so that we can always pay our way.
Exciting opportunities for organic growth.
Trinidad and Suriname, we can develop both,
Living well within our means, business transformation,
Drilling many new wells and old wells activation.
Trinidad is changing with Petrotrin restructuring,
So these are the things that Heratige can bring.
Developing International business potential,
And access to skilled people is patently essential.
Extra opportunities for further augmentation,
Subject to due diligence and apt evaluation.
The south of the region is our oyster now.
Well placed to capitalise with the why and where and how.
Our portfolio fact file, a perfect string of pearls.
Opening up the assets it transparently unfurls
Into seven fields and areas exciting by their worth.
Examining each and every one there’s certainly no dearth
Of value as we own five fields completely, four fifths of just one more,
And a portfolio of twelve where we’re in on the ground floor.
Low risk exploration prospects, all of them bode well,
With estimates of twenty to four hundred million bbl.
Opportunity rich and sitting in the sweet spot for
A wealth of value-generating opportunities to explore.
The onshore fields of southern Trinidad are a perfect fit
A perfect strategy developed to fully benefit
From acquiring and developing unexploited reserves,
Giving us more bopd and not just hors d'oeuvres.
Working hard to maintain strong relationships,
With our stakeholders at our fingertips.
Becoming partners of choice in the ongoing development,
Of what the onshore resources in Trinidad represent.
Providing shareholders with excellent value of course is
Important whilst living within our resources.
We have strengthened our core asset base.
Achieved a positive cashflow at a steady pace.
Operational costs have been carefully maintained
At low levels and our growth sustained.
By carefully balancing our considered E&P,
Managing our operations is the very important key.
From our cash resources and by doing the basics right,
Gives sustainable operations, production to excite.
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