01
Acquire
We acquire proven properties at attractive prices where we see a “value gap” in which our technical and operational efficiencies can improve profitability.
Conventional, low-decline asset base
Focus on vertical wells with stable PDP decline rates that support consistency in value and cash flow.
Openness to complex valuation scenarios
As an affiliate of the special-situations asset manager Arena Investors, we are comfortable assessing potential acquisitions whose value may not be immediately obvious.
Multiple deal-flow sources
Beyond marketed deals, Fortify can access transactions through extensive relationships in the industry and direct absorption of assets from investment funds.
02
Optimize
We optimize each acquired property with a relentless focus on value across all aspects: technical, commercial, and operational.
Production technique
Cost-efficient technical improvements may include exploiting shut-in wells, new zone completion, eliminating facility bottlenecks, right-sizing compression, and many others.
Personnel, equipment, facilities
The field team may be adjusted to represent an efficient mix of expertise; vehicles, field equipment, offices, etc. will be right-sized for the asset and asset plan.
Vendors and marketing
Contracts are assessed and renegotiated or replaced when advantageous and possible.
03
Realize
Optimization is never finished and encompasses our central overhead and financial operations as well. We continually work to increase additive cash flow.
Lean “barbell” team structure
We use a centralized management team and local operators with significant knowledge of the assets—eliminating the need for middle management.
Commodity hedging and low leverage
Hedging reduces price-decline risk and increases cash-flow stability. Conservative debt levels preserve financial security and flexibility.
Opportunity re-analysis
Plans and performance for each asset are re-evaluated frequently. Activities are fine-tuned, and new opportunities are seized.
The 3-Phase Fortify Strategy:
Acquire, Optimize, Realize
01
01
Acquire
We acquire proven properties at attractive prices where we see a “value gap” in which our technical and operational efficiencies can improve profitability.
02
02
Optimize
We optimize each acquired property with a relentless focus on value across all aspects: technical, commercial, and operational.
03
03
Realize
Optimization is never finished and encompasses our central overhead and financial operations as well. We continually work to increase additive cash flow.
01
01
Acquire
We acquire proven properties at attractive prices where we see a “value gap” in which our technical and operational efficiencies can improve profitability.
02
02
Optimize
We optimize each acquired property with a relentless focus on value across all aspects: technical, commercial, and operational.
03
03
Realize
Optimization is never finished and encompasses our central overhead and financial operations as well. We continually work to increase additive cash flow.
Conventional, low-decline asset base
Focus on vertical wells with stable PDP decline rates that support consistency in value and cash flow.
Openness to complex valuation scenarios
As an affiliate of the special-situations asset manager Arena Investors, we are comfortable assessing potential acquisitions whose value may not be immediately obvious.
Multiple deal-flow sources
Beyond marketed deals, Fortify can access transactions through extensive relationships in the industry and direct absorption of assets from investment funds.
Production technique
Cost-efficient technical improvements may include exploiting shut-in wells, new zone completion, eliminating facility bottlenecks, right-sizing compression, and many others.
Personnel, equipment, facilities
The field team may be adjusted to represent an efficient mix of expertise; vehicles, field equipment, offices, etc. will be right-sized for the asset and asset plan.
Vendors and marketing
Contracts are assessed and renegotiated or replaced when advantageous and possible.
Lean “barbell” team structure
We use a centralized management team and local operators with significant knowledge of the assets—eliminating the need for middle management.
Commodity hedging and low leverage
Hedging reduces price-decline risk and increases cash-flow stability. Conservative debt levels preserve financial security and flexibility.
Opportunity re-analysis
Plans and performance for each asset are re-evaluated frequently. Activities are fine-tuned, and new opportunities are seized.
Our Approach Reduces Risk Oil & Gas Development Risk Spectrum
Our costs are consistently lower
15%
LOWER
General and Administrative cost per unit of energy produced*
14%
LOWER
Lease Operating Expense per unit of energy produced*
*Fortify costs vs. peer group average. Comparison group includes BATL, AMPY, REXP, REI, and EPM, based on recent investor presentations.