Hutton’s commercial strategy is governed by a three step approach which has previously proved successful in North America and Europe. Based on first geological principles, prospective acreage is identified and acquired. The acreage is de-risked through extensive geotechnical work and leading to exploration wells. Hutton then seeks capital to drill and/or develop the assets.
Hutton’s ability to attract joint venture partners is a reflection of the quality of the assets the group identifies. The partners illustrated below have followed the group into opportunities.
By implementing this strategy, the Hutton principals have continued to grow their global portfolio and been inolved more than 500 unconventional wells in five countries.