The Newark E&P business model is designed to minimize risk and maximize asset value for the company and its investors. It centers on a strong management team that can leverage substantial technical expertise to implement a proven development strategy:

• Early entry into emerging and highly potential unconventional resource plays
• Operate in basins with mature infrastructure and in areas weighted towards oil and natural-gas-liquids offering better economic returns
• Generate projects internally and maintain low-cost operations
• Grow production and reserves through drilling of underdeveloped properties as well as through opportunistic acquisitions of producing and non-producing properties
• Develop prudent industry partnerships with competent and knowledgeable companies
• Augment our capabilities with those of leading industry contractors and consultants