Ever since our founding in 1969, we have sought to ensure a stable supply of oil and natural gas by possessing our own assets in Thailand and elsewhere in Southeast Asia as well as in the Middle East, Africa, North America, Japan and other areas throughout the world. We currently hold 1.039 billion barrels of reserves and produce 92,000 barrels a day (both crude oil equivalent).
In order to maintain growth going forward, we are continuing to accumulate attractive assets, including nonconventional resources, through both exploration and acquisition, with the goal of reaching 1.150 billion barrels of reserves and production levels of 155,000 barrels a day by 2015. Moreover, we are looking for an opportunity to acquire additional operatorship project in Southeast Asia that can enhance our capacity as an oil and gas exploration and production company.

In managing and carrying out our business, we strive to be an excellent company, which for us means that we try to meet each of the following ideals so as to satisfy all stakeholders.

• Contributing to the development of society through new value creation
• Providing shareholders with sufficient return on their investment
• Establishing effective internal controls
• Setting long-term, medium-term, and short-term objectives and sharing them with all employees
• Creating a rewarding workplace
• Maintaining sound accounting practices and finances

The value of an oil and gas exploration and production company cannot be measured simply by the size of its production volumes and reserves. Its true excellence depends on its multifaceted vision in such areas as finance, human resources, and the working environment and on its strategy for growth. A corporation will continue to grow only if it stays on the course toward excellence.
The human resource development is one of the important factors for corporate growth. Our policy is to give young employees responsibilities on the front lines of business whenever possible, where they can gain experience on the way to becoming key players in shaping the company's future.

As a global oil and gas exploration and production company and as a member of the Mitsui Group, we intend to continue taking up new challenges in a business where our mission must be to contribute to the public through the stable supply of energy into the future and to undertake long-term oil development. In so doing, our aim will always be to leave behind “fertile fields” for the next generation.

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