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ORACLE
MANAGEMENT PHILOSOPHY
| Oracle
Resources, LTD is an independent oil and gas company with a focus
on onshore, domestic oil and gas exploration. Our approach is directed
toward the identification of exploration projects with large scale
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Oracle Resources believes in the science of professional management
to achieve our desired results as an organization. This means producing
planned results by means of setting specific objectives, goals, priorities
and strategies. Oracle's management is interested in results, not
efforts. Achieving our organization goals within the framework of
our philosophy is our measure of satisfactory performance.
Oracle Resources
believes that technological advances in drilling, seismic acquisition
and processing, coupled with recognized and accepted geological
concepts with the application of conceptual creativity will allow
Oracle to identify new and overlooked prospects as well as to significantly
reduce the inherent risk in our exploration and development activities.
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| Oracle
Resources believes that people are our most valuable asset. However,
we believe in keeping our business simple with as few layers of people
as possible. This requires a team of highly qualified people who are
committed to the accomplishment of Oracle's objectives. We are action-oriented
and profit driven without sacrificing our cost-consciousness. Our
experience is vital to making proper choices in prospect evaluation.
Oracle Resources
maintains a flexible structure and strategy, which, we believe is
the most suitable way to meet the ever changing business and economic
climate of the present day oil and gas industry.
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