A pure upstream independent Exploration and Production (E&P) company, Salamander aims to create sustainable value through building a portfolio of assets focused on Asia:
Regional focus
Asia is home to some of the largest producing basins in the world, as well as a variety of exciting, frontier exploration regions that have yet to have their potential unlocked. Regional focus helps the company to anticipate and respond to changes in the operating and economic environment, as well as maintain and deepen its network of contacts and relationships.
Leveraging regional knowledge and relationships
We believe our local knowledge and relationships with national and regional governments, national oil companies, key service providers and peers provide a sustainable competitive edge. On a technical and operational level, the company uses its knowledge and expertise gained from its producing and development assets in its exploration and appraisal activities.
Maintaining a balanced portfolio
We are building our portfolio upon a foundation of producing and development assets that offer long-life, stable and reliable cash flows. These cash flows are re-invested in high return development and exploration assets that offer further growth. Moreover, we look to ensure we have a portfolio with a blend of different economic regimes and an appropriate mix of both oil and gas.
Capital allocation discipline
We endeavour to maintain a split of approximately 80/20 between capital employed in lower risk production, development and appraisal assets, and higher risk exploration assets. In this way, we can have sustained exposure to the benefits of exploration without putting the company at significant risk from the outcome of a single well or exploration drilling campaign.
Growing the business organically and through acquisition
Our technical and senior management team has a significant breadth and depth of experience in the key basins of Asia. We also have a corporate finance skill set that has enabled the company to identify situations it can capitalise on, and to transact quickly and efficiently in building its portfolio further.