Transworld’s strategy is to leverage the Group’s expertise in the unconventional oil and gas industry to acquire interests in licences covering large acreages of land and to build on its internationally diversified portfolio of unconventional assets and interests, which are located in countries that the Board of Directors of Transworld (the “Board”) believes support the exploitation of unconventional oil and gas. Transworld seeks to add value to its assets by entering into farm - out arrangements with major oil and gas companies that will fully or partially carry Transworld through seismic and drilling work programmes. The Group’s principal interests are located in two major underexplored basins in Australia and South Africa; and in Hungary, covering approximately 12.3 million gross acres in total.
Transworld's management team includes a geologist, an engineer and community leaders with a unique mix of experience in unconventional drilling and completion technology, international exploration, negotiations and community relations. Transworld's Board of Directors consists of a diverse group of industry veterans, successful entrepreneurs and sophisticated oil and gas investors with a specific goal to demonstrate the value of the assets to our shareholders.
Transworld operates amongst some of the world's most diverse communities and sensitive natural habitats. In an effort to proactively address landowners and environmental concerns, we engage the community and government officials to facilitate information exchange, support the local economy and protect sacred areas. As a company, Transworld commits to implement best practices with regard to community outreach, environmental precautions, and public disclosure. We do this not because we have to, but because it is right to do so.