$VKIN strategy is to engage in the acquisition, exploration, development and production of oil and natural gas properties, both individually and through collaborative partnerships with other companies in this field of endeavor. Viking has relationships with industry experts and formulated an acquisition strategy, with emphasis on acquiring under-valued, producing properties from distressed vendors or those deemed as non-core assets by larger sector participants. The Company does not focus on speculative exploration programs, but rather targets properties with current production and untapped reserves. The Company’s growth strategy includes the following key initiatives:
Acquisition of under-valued producing oil and gas assets
Employ enhanced recovery techniques to maximize production
Implement responsible, lower-risk drilling programs on existing assets
Aggressively pursue cost-efficiencies
Opportunistically explore strategic mergers and/or acquisitions
Actively hedge mitigating commodity risk
