We buy assets based on what they are worth today, but also with an eye to what they will be worth upon exit.
Our planned hold time for any producing asset is 18 to 36 months, and as the decline rate kicks in we look to sell the asset to "long term" buyers of oil and gas production.
Our team assess market conditions, valuation metrics, and potential exit strategies to optimize the timing and execution of investment exits, however, each asset is purchased with understanding that it is a good investment should we "hold for life", giving us the opportunity to pick our exit when it is best for investors.