Management goals
Management is focused on core assets where in-house expertise
gives the Company a technical advantage.
The Company maintains operatorship wherever possible.
A program of acquiring assets in current core areas has resulted in
a further strengthening of our position in the Barrhead area.
Desmarais has a predominant vision of growth via the drill bit.
However, through acquisitions of lands and pipelines in
concentrated areas, drilling operations can be supplemented by
enhancing production through workovers and tie-ins of existing
wells.
The Company has a current inventory of 12 wells which are shut-in
awaiting further evaluation and will be placed online in a timely
fashion, eight of them from a recent acquisition. Ten of these wells
are equipped and tied-in to Company-controlled infrastructure.