Consolidation of Azure/TGGT/ETG (November 2013)
Marlin transaction (February 2015)
Upon closing TGGT/ETG in late 2013 we immediately reduced the capital budget from $35 million (not including well connects) to less than $5 million annually. This was accomplished by using a rigorous economic justification methodology based upon broad technical/operational experience emphasizing the principle that every capital project needs solid “economic” justification.
Sustainable..? – YES
Repeatable...? – YES
Source of Advantage..? – YES