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Map of Properties
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VisionThe Company’s vision is to make Pacific Rubiales the premier independent E&P company in Latin America. The Company will distinguish itself from its competitors by demonstrating its technical excellence, operational capabilities, and its outstanding ability to discover, develop and market new hydrocarbon reserves.
StrategyThe Company’s strategy is sustainable growth: growth in its production, growth in its exploration portfolio, and growth in its market share. The Company is in a strong strategic position, having the right combination of production assets and exploration areas. The Company’s cash flows and profits from operations through increased production are expected to be significant, from a combination of production growth and robust oil prices. The Company will utilize this cash flow to support its ambitious exploration and production activities. Pacific Rubiales’ goal of increasing its reserves and growing production will be reached through a combination of new discoveries made by its excellent exploration team and the acquisition of well-matched new assets. The Company will also use all of the technologies at its disposal to grow its reserves through an increase in recovery rates in its existing fields. The Company will continue to concentrate exploration activities in areas where its knowledge and talents can provide a significant advantage. In November 2010, Pacific Rubiales broadened its already ambitious growth strategy with a focus on three major components:
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