Well Positioned for the Future
Arena Energy’s singular focus on creating value through exploitation drilling sets us apart from other companies. We excel at finding exploitation prospects, acquiring the rights to develop them and managing risk.
In the last five years, we have greatly expanded our drilling activity while many competitors left the Gulf of Mexico Shelf. Moving forward, we are well positioned to respond rapidly as we continue to identify new opportunities in a maturing basin. Our business plan is designed to adapt to adversity, and our current inventory of prospects alone will keep us busy drilling wells for more than five years.
Building on Our Success in the Gulf
Our plan for the future is to stay true to the strategy we have followed since our founding. We will continue to grow the company by reinvesting revenue in new drilling opportunities in the Gulf while making minor adjustments in response to changes in the business climate.
Growing Our Talented Team
As the company continues to grow, we ensure the personality of each new team member fits our optimistic, managed risk-taking culture. And we designed our compensation system to provide substantial rewards for success in order to attract and retain the industry’s leading geologists, geophysicists and engineers.