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Esprit Energy Trust |
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Esprit is an oil and gas income trust with high quality assets located in Alberta and Saskatchewan. Our solid base of natural gas weighted reserves is complemented by experienced and talented teams of professionals who are focused on creating value for our unitholders. Esprit is based on a sustainable business model. We maintain our financial strength by keeping debt levels manageable and strive to pay reliable and stable distributions to our unitholders. We have capital efficient plans to develop our existing assets and to maximize their value. Our operations have been organized around five key operating areas, each with a team dedicated to executing its operating and capital plans and accountable for its results. Our long-life reserves and inventory of organic opportunities are expected to maintain production levels until at least early 2007. We grow and enhance our existing asset base with value-adding strategic acquisitions. Opportunities are screened, analyzed and must meet both strategic and financial benchmarks before being pursued. At Esprit, we are committed to a high level of integrity. We have great respect for the environment we operate in, the people in whose communities we operate, our employees and other service providers and all the stakeholders who invest in our Trust. We strive to continually provide transparent, open and timely information about our business.
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