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.
Economically Promising
Why deploy capital where others don't? The simple answer is that reward is proportional to risk... and we seek the greatest rewards for our shareholders. But there is no future in recklessness.
Fundamentally, we believe political risk is often inefficiently – even inaccurately – priced compared with other exploration and production risks such as geologic, production and market risks. Harvest targets oil and gas properties with long-term prospects; including long-lived assets with prospective development and production of 20 years or more. To our thinking, many of these long-term assets are priced based on a short-term perception of political risk, creating an arbitrage between the pricing of that political risk and the asset life and thereby creating opportunity for Harvest.
