We are an effective and efficient operator with a diversified portfolio of assets in North America, the UK North Sea and Offshore Africa, which enables us to generate significant value, even in challenging economic environments. We continually strive for safe, effective, efficient and environmentally responsible operations while executing economic development of our diverse asset base.
Our balanced mix of natural gas, light crude oil, heavy crude oil, bitumen and synthetic crude oil (SCO) represents one of the strongest and most diversified asset portfolios of any independent energy producer in the world. The Company has completed its transition to a Long Life Low Decline asset base through the development of its Horizon oil sands mine, its vast thermal in situ opportunities and the expansion of it world class polymer project at Pelican Lake. This transition will provide increasingly sustainable free cash flow.
Our financial discipline, commitment to a strong balance sheet, and capacity to internally generate funds flows provide us the means to grow our company in the long term.