Strategy

Our upstream strategy focuses on the acquisition and development of producing oil and gas assets in established basins in the United States.

We target assets with low operating costs, long operating histories and well understood engineering to limit the geological and technical risks associated with operating and development.

Our assets are operated by our wholly owned subsidiary, a fully integrated technical team purpose-built to optimize the operating performance of our assets and create value through development opportunities in our portfolio. 

Phoenician Resources’ current portfolio has current net production of over 7,000 boepd across its Funds.