Operate with Excellence
To ensure a sustainable operation, Pacific Exploration & Production Corp. must have a profitable and competitive company that, based on its good performance, has the capacity to contribute to the creation of healthy surroundings.
The strategy is to constantly increase exploration, production, and participation in the market while being cost-efficient and profitable. The Company also works under the highest health and safety standards while providing the best output for the stakeholders.
This commitment relies on four lines of action:
Success in the Operation
Pacific E&P is committed to maintaining the balance between growth and returns, as well as the balance between trust in the sustainability of future income and cash flow, supported by the expectation of continuous production growth and higher share value.
Pacific E&P’s capital management strategy is to invest in projects aimed at expanding short-term production and growing medium-term reserves to provide attractive returns to shareholders.
Occupational Health and Industrial Safety
To Pacific E&P is critical to align its corporate departments and business units with the Integrated Management System in order to guarantee the ongoing improvement of occupational health and industrial safety management in its operations.
Supply and Transportation
Supply and transportation are vital processes in the value chain given that they guarantee the timely distribution of production for subsequent placement in the market. They also assure the steady supply of diluents required to transport heavy crudes through different pipeline systems, which in turn minimizes costs and maximizes revenue.