Storm's approach to operations includes the following elements:
- Growth and rates higher than commodity price volatility
- Active field programs, with operatorship where appropriate, focused in core areas
- High working interests consistent with risk mitigation
- In house play development
- Spend cash flow to explore and develop
- Pursue acquisitions that offer good initial netbacks, strengthen area focus and provide add on development
opportunities
- Issue equity sparingly to maximize per share growth
- Use debt, in part, to fund acquisitions as long as debt retirement and project payout can be controlled
- Use hedging only to protect payout from major investments and acquisitions
- Alignment of employee and shareholder interests
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