WhitMar manages its drilling and production operations with the mindset of the "independent operator", ever mindful of the economics of our business.
We understand the exploration business is risky enough without taking on the added risk of drilling and operating our wells with technically inferior equipment and/or incompetent methodologies. However, we do pay close attention to the cost and expense of our operations, and we continually look to improve economic efficiencies, identifying over-designed equipment or procedures.
This attention to detail allows us to prudently reduce cost which ultimately improves the economics of our prospects for ourselves and our investors.
The management of WhitMar believes there are tremendous opportunities to find significant oil and gas reserves in the continental United States where the synergies and infrastructure are in place to make reserve discoveries readily marketable. With a staff of experienced explorationists and with the help of technical consultants, the company's strategy in generating and developing its prospects is based on the following guidelines: