Business Philosophy
Over the years, Reserve has proven itself as a low-cost operator and developed operational, financial, and management systems that allow us to concentrate on areas of significant potential and quickly adapt to changing conditions and opportunities.
Our formula for success is simple: we strive to attract to our company the most capable people possible, we maintain a work environment that optimizes their ingenuity and potential; and the company then provides direction with the necessary financial resources to maximize results.
We believe that for a company to succeed it must differentiate itself from its competition, and in many respects our company is very unique. Some of the characteristics that distinguish Reserve Oil & Gas, Inc. and its affiliated companies from its peers and competitors are:
- Relative to the size and scope of our activities, we will always have a smaller number of people engaged in a specific activity or project than our competitors. This is intentional, as it facilitates speed and efficiency in completing the task.
- We are quite selective in deciding where we choose to explore and operate. We limit our activities to those areas in which we are most knowledgeable and where we can work most effectively. We seek out projects with above-average economic potential should our exploration efforts be successful.
- Our company(s) experiences very limited turn over of personnel. The individuals representing us today will likely be the same individuals representing us five, ten or fifteen years from now.
- We have earned a reputation as one of the operators that know the business from the top to the bottom and enjoy the financial strength often only found in much larger and more bureaucratic companies.
- Recognizing the company’s overall success will rely heavily upon our employees’, our key company employees are also stakeholders in every well drilled. As such, company employees are uniquely aligned with and protective of company interests and experience the pioneering spirit of searching for oil and gas.
- Our company is privately held. This allows us to take a long-term view with respect to both operations and financial planning and not be unduly influenced by outside forces or quarter to quarter results.
