Expertise
Vegas has:
Leveraged internal technical skills to screen and select prime acreage for exploration
Built success on acquiring licenses (100%) on entry level terms via bid rounds.
Financial capacity to bid competitively for new licenses and discharge the work obligations
First class operating capability to explore acreage efficiently making best use of modern technology.
Commercial awareness to dilute working interests at the appropriate time for business rather than financial imperatives
Built an enviable track record of monetising assets quickly and safely
Developed a position as “operator of choice” in its core areas leading to JV alignment and ease of decision making.
Material working interests in its assets and control of the investment schedule through operatorship
Trades on strong relations with EGPC, EGAS, GANOUPE and the Ministry based on its proven track record in country