Mission & Values
MISSION
Laramie Energy’s mission is to maintain an excellent reputation as a Rockies oil and gas producer committed to environmental protection, safety, and regional community interests while prudently investing its capital in high potential unconventional oil and gas resource plays that will generate an above average return on investment.
Core Values
Safety
We prioritize the safety of our employees, sub-contractors, and the communities in which we operate by maintaining a high awareness and enforcement of safe gas field development and operational practices. Every employee is empowered to, and responsible for, maintaining safe practices and conditions.
Stewardship
The Rocky Mountain West is our home. Laramie is honored to be a steward of the environment and the local communities. We strongly believe in minimizing our impact on federal lands and open areas along with our ranching or farming communities. We are committed to responsible development that leaves the smallest possible footprint on the landscape, minimizes emissions, maximizes soil conservation, and reduces disturbances to local landowners. We prioritize employing, hiring, and sourcing locally to give back to the community.
Ownership
All of our employees participate in the long-term success of Laramie Energy. “The Company” reflects all of us and our individual values. We participate in decision making, feel free to challenge ideas, embrace the Company’s problems as our own, and seek solutions to make Laramie Energy the best operating company.
Integrity
Honesty, sincerity, and adhering to a high code of personal, regulatory, and business ethics are the core tenets of our entire team. We are unwilling to pursue success at the expense of our integrity. We honor our commitments.
Innovation
As one of the pioneers in unconventional oil and gas production, we value people who zealously embrace innovation and the challenges of our venture and who are anxious to tackle the difficulties of developing oil and gas production in new areas or by using new technological advances.
Investment Return Focus
Our Company’s collective goal is to earn an attractive return for our investors’ and our employees’ capital. We do not wish to expand for growth’s sake nor pursue investments which will take years to convert to cash flow. We carefully consider the risk and return of each capital investment and challenge ourselves as to whether each opportunity is the highest and best use of our resources given our investment return thresholds.
Loyalty
We value our teammates, both as individuals and for their contributions. As a team, we share responsibility and results of both successes and disappointments. We trust our teammates to perform to the best of their abilities every day and this trust is reciprocated.