The paper discusses the context and factors which influenced the development of North Sea Independents, arguing that successful strategies combined exploration and corporate activity within a unifying business vision. The competitive pressures of the 1990's are leading Independents into global competition, demanding adjustments to strategy. Emphasis upon the competitive advantages of Independents and rigorous attention to "customer-values is advocated for success in the new decade.

Keywords:
investor, discovery, spe 24250, transaction, clyde petroleum plc, dual strategy, acquisition, madness, north sea, competitive advantage
Subjects:
Asset and Portfolio Management, Energy Economics, Market analysis /supply and demand forecasting/pricing
Copyright 1992, Society of Petroleum Engineers
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