Low LeverageA low leverage profile reduces bankruptcy and refinancing risk during multi-year upstream development. It preserves capacity to raise project finance or equity on more favorable terms, supporting execution of capital-intensive field development and smoothing funding through exploration-to-production transitions.
Focused Asset StrategyConcentrated focus on the Kratheh field gives the company a clear operational plan and measurable milestones tied to appraisal, development and production. A single asset strategy can speed decision-making, de-risk long lead-time exploration, and concentrate returns if reservoir performance and permits progress as planned.
Clear Upstream Revenue ModelThe company's economics hinge on the well-understood upstream value drivers: volumes produced, realized prices and working interest. This transparency aids project-level forecasting and aligns incentives with capex to optimize lift cost per barrel, improving the odds of durable cash generation when production commences.