The corporate strategy is to deploy capital into low risk, near term cash flowing projects and to expand its oil and gas reserves substantially.
Our cooperation with established, local partners enables us to keep our operating costs low. From drilling to logistics – we invest in our partners and our production facilities, not in costly structures and overhead. This way we can make sure to always stay on the leading edge of technology while keeping our capital costs and depreciations low.
United Oil & Gas Corp.’s management and scientific team strive to increase the company’s value by carefully selecting projects and effectively managing costs. To minimize risk, United Oil & Gas Corp. focuses on projects that are already sufficiently analyzed by geologists and meet its rigorous technical standards. United Oil & Gas will continue to grow oil & gas reserves by developing its oil fields and acquiring new ones to increase shareholder value.