Elephant is currently pursuing the consolidation of sub-scale operating business and assets in key US basins. The company is focused on quality assets with operational control where there is room to create value through exploitation, exploration, cost reduction, operational efficiencies and the development of repeatable, long-life reserves with a high rate of return.

Elephant’s venture with Trilantic, Elephant Resources, is currently in the process of developing its asset in the Powder River Basin.