From their humble beginnings more than two decades ago, John Henry Petroleum has grown tremendously, not just in oil production and profit, but also in making the entire oil and gas industry more efficient and healthier. Their business strategy has always been the same, and a major component of that strategy has been to help move the entire industry forward in a way that encourages everyone to seek out the best ways to maximize oil and gas production. That approach has helped the industry significantly, not just in the United States, but also around the world.
In other words, John Henry Petroleum has not only increased their own profitability, but they have led the way when it comes to encouraging further innovation that has the potential of making everyone in the industry more profitable. The company has certainly generated a high level of growth in both net production volumes and net proved reserves, and they have been able to do so while also lowering their costs significantly. Their exploration and extraction methods are state of the art, which means they are better able to focus drilling in the most prolific areas, which makes them more profitable.