ENVIRONMENTAL PLAN

It is required that an environmental impact review be conducted before any work begins on any projects involving oil and gas drilling and production. During drilling and completion, planning and operations must avoid harming marine and terrestrial life in our service’s susceptible area. Operation staff must provide invaluable information continuously on ways and means to protect the ecosystem directly within or adjacent to the operation area.

 Our company will follow a three-step plan for waste minimization, and they are

  1. Elimination of and source reduction of waste
    2. Recycling or reuse of generated waste
    3. Treatment and proper environmentally responsible disposal of generated waste materials

Our current course of action that incorporates Risk Management

  1. Holding seminars and meetings with a wide range of local leaders to understand their environmental concerns and needs.
  2. Assessment of current, ensuing, or future environmental problems –including evaluating existing and proposed solutions.
  3. Engaging locally impacted communities, citizens, residents, and other participants in a constructive search for solutions by pursuing a participatory review, discussion, and resolution process for perceived environmental problems or concerns.
  4. Assisting stakeholders to establish control over the management of their environment
  5. Providing clean up funding and opportunity

Another response is to conduct an internal review of appropriate reactions to Energy Risk Management. It involves a comprehensive view of our operational activities, with a vision of a prosperous community supported by strategies that espouse communication with local community leaders, participative planning for community development, and internal procedures that:

  1. Identify the risk through an analytical methodology
    2. Finding appropriate options to reduce the risks
    3. Prioritizing the options in terms of coast benefit analysis
    4. Identifying the most appropriate options
    5. Determining future costs and benefits of interventions
    6. Recommending needed policy for implementation
    7. Effectuating policy implementation
    8. Evaluating the effectiveness of the implemented policy
    9. Re-evaluation