Business Strategy

With team’s upstream industry experience of over 200 years and drilling operations experience of more than 560 wells in the core areas of Texas, Louisiana and Gulf of Mexico Coast as a drilling and production operator expertise, the company's current core interests are focused on its prime investments in the Cote Blanche Island Offshore Field in Louisiana.

The company's shareholders and management leadership team, combining their strength and both domestic and international experience, strive to maximize the value of finance, operations and technology to ensure the maximum returns for the company and safeguarded from the macro economic conditions often faced by the O&G industry. In addition to valued partnerships and active drilling programs, the company is engaged in growing reserves through selective acquisitions in Texas and Louisiana.

Viceroy Petroleum, as a company, focuses on profit generation via acquiring assets or JV partnership engagements on conventional oil and gas, long-life, mature and developed assets in stable, established fields with strong and known production and commercialization history. Thus, enabling Viceroy Petroleum to invest in unique high growth opportunities where our expertise matches the asset.

Integrity & Family Legacy – Foundation of Viceroy Petroleum Business Strategy

Viceroy prides itself on its Sustainable Business Model for over 30 plus Years. Our 360 Degree Project & Asset Selection Funnel Process focuses on Portfolio Optimization Strategy:

• ROI - What it means for Future Performance, Production Targets and Current Portfolio.
• Cost & Break-Even Barrel $ - Implications for the Future
• Asset Timing - Window of Opportunity (Acquire vs Expand vs Exit)

Our 4 Core Key Business Strategies to Select Projects, Assets and JV Partnership Engagements:

• Project must redefine efficiency in terms of operating performance, building resilient portfolio and robust economics projects.
• Exploit underdeveloped plays having smaller prospect sizes due to lower operating cost,  improved operating efficiency and technologies availability (at lower cost).
• Identify proven maturing and emergent fields – use wells’ statistics and success-failure analysis, early acreage capture, and periodic relinquishments
• Access and apply partnerships for value.

Viceroy Petroleum – Key Numbers

Mission Statement

To strive towards becoming a high performing independent operating, exploration and production company that provides its shareholders sustainable growth and returns and contributes to the energy needs of USA.

Core Values

People

Based on strong family legacy and values, our people drive with maximum efforts to achieve our company vision and we strive as a company to engage and motivate our teams by creating a strong Viceroy Petroleum working culture, maintaining an inclusive work environment, creating and sustaining a career development process, rewarding our people for their performance, protecting our people's health and well-being, providing equal opportunities regardless of race, ethnicity, color, gender or religious belief with a work environment where the contributions of all our people are recognized and rewarded.

Integrity

Trust and honesty are the core fundamental foundation pillars of Viceroy Petroleum that ensures fairness, transparency, and respect for our stakeholders and organization from the office to the operation sites and facilities.

Organizational Excellence

Relentless drive, and commitment to be the best in class, reflects our firm belief in organizational excellence.

Accountability

Personal responsibility and reliability in our work form the core of accountability at Viceroy Petroleum’s business model and operations. We value our ability to work diligently and honor our commitments.

Corporate Responsibility

Viceroy Petroleum’s corporate policy is to comply with all applicable laws and regulations, including, but not limited to, those pertaining to customs, antitrust, anti-boycott, international trade controls, employment and the environment.

Viceroy Petroleum has a strict policy to conform to the highest ethical standards in conducting our business.

As an organization, Viceroy Petroleum commits to that ensuring the entire organization, including all our contractors/consultants adhere to, comply and fully understand the importance of compliance with U.S. laws and regulations and adherence to the highest ethical code of behavior aligned to our existing Statement of Policy and Business Conduct Guidelines.