How We Run Our Business

PetroMax adheres to a strict developmental exploration policy that includes the following basic project tenets:

• Operates within the confines of proven, producing fields.
• Subsurface geologic and production data is required.
• Changes in density/spacing considerations offer new, viable offset drilling opportunities, along with utilizing advanced completion technology to increase existing reserves.
• PetroMax's expertise in re-entry and re-completion techniques can be utilized to maximum recoveries.
• Accept minimal geological risk and spread capital over multiple wells with multiple zones. Targeted development cost should be half of the PDP value.
• Acquires leaseholds in historically data rich areas.
• Diversification across multiple zones in multiple prospects reduces total loss risk to a negligible level and builds long life reserves.