How we operate

  • We run our business in compliance with the law and applicable regulation
  • We diligently pursue the safety and well-being of our people at all times
  • We act openly and honestly in all our business dealings
  • We strive to be a good partner with local communities and in the environments in which we operate
  • We will seek to comply with best practice in terms of corporate governance and management practice

Our objective is to operate safely, to minimise our impact on the environment and to foster and support long-term development and self-sustaining enterprise in local communities.

Health and safety

The safety of our staff, contractors and those in our local communities is of paramount concern to us and we are pleased to report that there were no significant health or safety incidents during the year.

The Company has an established Health, Safety and Environmental (“HSE”) policy that is reviewed on an annual basis. Where we do not have the in-house skills to develop and implement this policy, we work with specialist consultants to ensure proper control of our activities. The Company’s HSE policy is supported by the Board which receives updates at Board meetings on HSE activities and any incidents which occur.

In light of our role as operator of our assets, we have commenced a thorough review and further development of our HSE systems and processes to ensure that we are ready to take on the new challenges we will face.

Environment

The Group’s objective is to minimise our impact on the local environment and, during the year, Enegi reported no environmental issues. Enegi continues to maintain an excellent track record of operating as a partner in western Newfoundland, an area of high environmental sensitivity.

The Group is aware of the importance of managing the external impact of our operations and environmental impact assessments are undertaken as a key part of our operations planning. Enegi has staff who are qualified professionals to undertake our environmental planning. This team is augmented where appropriate through the use of external specialist consultants.

We are committed to transparent disclosure and clear communication of our activities and policies, both internally and externally. We are constantly refining our policies and procedures to manage the increasing range of risks we face in our business and facilitate our day-to-day work.

Corporate social responsibility

Enegi Oil recognises both the business imperative and the moral obligation to carry out our activities in a socially responsible way. The Company’s aim is to contribute to the communities in which we operate through:

Our staff: They will be trained and developed in roles providing fulfilling employment whilst maintaining a culture which encourages an enjoyable work–life balance.

Our supply chain: We will collaborate with suppliers to develop long-term partnerships, locally, whenever possible, based on fair procurement methods, where long-term reward is our objective and not adversarial relationships.

Our role in the community: We will recognise the environmental, social and economic needs of the communities we work in and involve them in suitable initiatives that utilise our skills, time and financial support.

Our operations: We will develop our assets using sustainable, safe methods of work while striving to continuously improve them for the benefit of all stakeholders.