As the Frog Lake Energy Resources Corp. looks towards avenues of sustainable return for its FLFN members, the company itself has gone through internal assessment regarding the vision and mission statements that would align with its current goals for exponential growth.
Our method in achieving its aggressive growth strategy is by integrating the Teepee Principles into all our business activities, remaining committed to its core values, at work as well as in all phases of life, thus embracing a well-balanced work/life culture for the benefit of our employees, our community and our stakeholders. FLERC has been driven towards a brand that represents everything the company upholds.
We will reach our goals by integrating the TeePee Principles into all our business activities, remaining committed to its core values, at work as well as in all phases of life, thus embracing a well-balanced work/life culture for the benefit of our employees, our community and our stakeholders.
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By 2020, FLERC will be most recognized for our ability to continuously create business opportunities and deliver long-term value for the benefit of the Frog Lake First Nation and its partners.
The vision statement is a long-term strategy whereby FLERC would achieve the goal of becoming a national influence in both the oil & gas industry and among other First Nation groups. This vision is continuously redefined once the goals are met to ensuring FLERC’s unceasing evolution to new competencies as an oil & gas corporation.
Part of this strategy is an integral focus on low-risk value creation as a means to generating a steady pace of asset growth and profitability.
The vision of FLERC is divided into several equally important strategic components that will aid in the future of 2020. They include:
- Providing a fun supportive and safe working environment.
- Acquiring and developing competencies and capabilities for long-term success.
- Putting in place the policies processes and tools required to ensure cost-effective day-to-day operations.
- Ensuring shareholders are rewarded and attracted to the growth of the business.
- Build profitable and preferred supplier relationships.
- Becoming a ‘Partner of Choice’ for new resource developments in North America.
It is through these individual factors that FLERC is determined to reaching a new height of oil & gas capacity that would make themselves recognized on a national scale. As the company approaches a plateau in current oil production, FLERC now seeks to diversify its assets through outside land development and strategic partnerships with other companies and First Nation bands. This is to ensure a strong balance sheet and improved liquidity in order to react to newly emerging markets.