Exploration & Production

The Exploration & Production (E&P) business is responsible for upstream oil and gas activities that will build a strong, sustainable portfolio of assets to support company growth.
The E&P business focuses on high-margin projects that deliver significant returns, cash flow and long-term value. One of E&P’s key roles within Preston Oil is to provide portfolio diversity with low-cost conventional production, which helps balance against higher cost oil sands production, particularly when crude prices are low
governance to be central to safe, effective and efficient operations.

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