The Company’s strategy can be summarised as follows:
- To focus on creating value through successful exploration and appraisal activities, in partnership with another like-minded company, or companies. Upon commercial exploration and appraisal success, it would be Transform’s intention to transfer operatorship to a capable industry player or joint venture partner
- To continue to capture further opportunities on the same play fairway
- To embrace low cost development options for both oil and gas, with export via either the Digul or Fly Rivers
- To maximise value by minimising costs, whilst reducing exploration and appraisal risk to as low as reasonably possible.