Our Business
Overview
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Enterra seeks to manage the risk to unitholders by following a number of operating principles which are intended to maximize flexibility and the ability to capitalize on opportunities. These operating principles include:
- diversifying the source of production geographically so that Enterra is less dependent on one market for production or one area for future development;
- maintaining a reasonable balance among crude oil production, natural gas liquids production and natural gas production, so that Enterra is less vulnerable to short term price fluctuations for any single commodity;
- seeking high working interests, operatorship and ownership of associated infrastructure, so that we are better able to control the pace and timing of capital expenditures;
- maintaining a multi-year inventory of lower-risk development projects so that we are able to support our strategy of reinvesting in organic growth opportunities.
