Amarok is a Kazakhstan-focused oil company with the aim of becoming a full cycle Exploration & Production company, with production of at least 20,000 bpd within 4-6 years from listing.
The Company intends to take advantage of its strong Kazakhstani network and the country’s industry rationalization that presents significant opportunities to acquire (undervalued) oil and gas assets.
Amarok’s low risk strategy is to lever existing reserves and a production asset with relatively low cost, high potential exploration targets to create value and then purchase proven oilfields with existing production and reserves, taking advantage of currently undervalued targets in Kazakhstan.
Amarok is aware of the need to be environmentally responsible and is committed to developing their operations in an environmentally safe and responsible manner. Our aim is to ensure that Crystal and any additional acquisitions, will be carbon neutral (Scope 2) in its exploration and production business by 2030.
Amarok is committed to a flexible approach, which will take advantage of emerging technologies and local community programs and requirements as our business develops. We will work with the appropriate government bodies and industry bodies such as the Qazak Green Association to ensure that we are compliant and at the forefront of local environmental rules and regulations.
The company understands that although hydrocarbons are a necessity, we should exploit them in an environmentally responsible way and meet or exceed the best local environmental practices.
Amarok Oil Ltd
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