We aim to repeat the success of our business model in Russia and Venezuela by identifying, accessing and integrating additional large resources of hydrocarbons to exploit them for value and diversify our portfolio.
The Advantages of Scale
A key element of the Harvest strategy is the identification and acquisition of rights to oil and gas fields that are potentially very large. We look for fields that can substantially increase our resource base. Greater scale reduces a project's operating and economic risk by providing more inherent opportunities and more flexibility to achieve success. Financially, large-scale projects more readily attract local and capital market partners, allowing greater access to capital and a broader sharing of risk.
