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Strategy
 Unit Corporation Strategy:
- Maximize value of Unit Drilling Company by improving
market share and rig utilization while developing new markets.
- Grow Unit Petroleum Company's reserve base by more
than 150% of annual production with acquisition costs meeting or exceeding
our economic parameters.
- Maintain a conservative debt position while enhancing
our financial strength.
Contract Drilling Strategy:
- Provide high quality drilling equipment and premium
service.
- Retain key drilling personnel through consistent,
maximized rig utilization.
- Expand operational areas and rig fleet as appropriate.
Exploration and Production Strategy:
- Focus on low-risk exploration and development drilling.
- Drive reserve growth through drilling internally
generated prospects.
- Add new reserves in excess of 150% of annual production.
- Achieve a minimum 15% rate of return on invested
capital.
- Stay alert for opportunistic acquisitions.
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