Exploration & Production
Exploration and Production
GoldMark is interested in acquisition and operation of acreages across marginal basins in Africa, the Middle East and Asia. The company plans to be a major player in the upstream segment of the Oil and Gas sector
GoldMark is looking at exploring and producing oil and gas in an onshore swamp terrain in the Niger Delta area of Nigeria, as well as other brown or marginal fields in Africa and the Middle East.
A disciplined approach to brown field well and reservoir management and produced water handling, focusing on technology, best practice contracting & procurement methods, enhanced corporate governance and the efficient development and implementation of capital expenditure plans over the lifecycle of the asset.
Project optimization, reduced lead times, phased development, faster drilling, and better project execution have lowered break-even. Implementing innovative development models will bring down costs and assets under our operatorship globally cost-competitive with stable production.