Monterey Oil & Gas Corporation is an oil and gas production and development company focused on acquiring and further developing both conventional and unconventional oil and gas assets in the Permian Basin in West Texas and in the Williston Basin in North Dakota. Through acquisitions and optimization of the oil and gas properties we own and operate in these areas, our principal objective is to grow our platform into one of the leading independent producers of oil and gas in the United States.
We aim to manage our business in an environmentally and socially responsible manner; what matters to us most is the safety and security of our people, and the environment in which we operate. We place a significant premium on respect and safety in the workplace. We continually search for ways in which we can further diversity our workforce, improve employee working conditions, and provide multiple opportunities for career advancement and job satisfaction.
We are highly appreciative of the opportunity we have been afforded to develop our business, and we are in this for the long haul. To us, as we grow our company, it’s all about doing the right thing; improving people’s lives, enabling opportunity, and being a good corporate citizen. We are energized and excited each and every day we come to work, as we continue to add value to our company and our stakeholders, and contribute to a growing U.S. economy. We have boundless energy and enthusiasm for what we do, and we love doing it. As we endeavor to build a world class independent energy business, we welcome you to learn more about us, our plans and ambitions, and our vision for the future.
As a growing independent energy company, our principal goal at Monterey is to responsibly produce oil and gas for the U.S. marketplace. In doing so, we continually strive to create opportunity and real value for our employees, our partners, and stakeholders. Profitability and value-creation, while obviously important to any business enterprise, is not our only priority. We place equal emphasis on operating a highly disciplined business that has the utmost respect for the environment and the safety of its people. We place a significant premium on human capital, regularly delegate authority, and respect the decisions made by subject matter experts throughout our platform. By empowering those individuals that are authorities in their respective fields, we are able to run our business in a highly efficient manner, stay ahead of the curve, and remain competitive among our peers. Running a successful oil and gas business can at times be technically and operationally challenging. As responsible U.S. energy producers, we bring the latest in conventional development, thermal extraction, and other state-of-the-art technological processes to our properties, while maintaining complete transparency with regulators, local municipalities, and operating partners. Maintaining operational integrity and working constructively with the compliance and regulatory regimes in which we work, are key hallmarks of our success.