Our strategy is to apply for, explore and develop high value oil and gas assets in South Africa. We will limit our stakeholder’s capital exposure by forming strategic partnerships and alliances with like-minded companies.
Bastion will build and operate a balanced portfolio of oil and gas assets with manageable risks, early cash flow and bookable reserves. Our strong technical ability with local knowledge is the key to our future success.
Bastion will do this by:
- Acquisition of highly prospective onshore gas assets in known gas producing systems.
- Aggressively explore, prove up and produce gas resources sufficient to commence with small scale gas to power generating projects with a lifespan of between 10 and 20 years.
- Duplicate the success of the aforesaid more efficiently and cost effectively.
- Actively manage and prioritise assets in our portfolio, seek economic efficiencies in our operations and farm-down assets, when appropriate, to maximise investment value.
