Wellesley Petroleum is focused on hydrocarbon exploration in Norway. The Company has built a team of highly experienced industry professionals. Wellesley is qualified as an operator and in Q3 2017 the Company drilled its first operated well. From these foundations Wellesley is developing a material and sustainable exploration business on the NCS by the following means:
- Generating new technically and commercially attractive prospects
- Accessing a material acreage bank via licence rounds and new business initiatives
- Planning and executing a sustainable drilling campaign of high ranked exploration targets
- Building capacity and ensuring financial flexibility to take discoveries forward
Wellesley’s Vision is to build a leading E&P business that is recognised for its enduring ability to create value. The execution of our strategy will be underpinned by our five Core Values: Teamwork, Clarity, Ownership, Humility and Integrity.