Sustainability Matters

A letter on sustainability from our Executive Chairman

When we formed Franklin Mountain Energy in 2018, my partners and I shared a common goal of building a world-class privately held oil and gas company focused on responsible production of hydrocarbons in the Permian Basin. I was raised as a child in Southeastern New Mexico, very near our initial areas of focus. And for me, environmental stewardship is not just a corporate policy, but a part of my family legacy.

After many months of careful planning and investment in our team, process, and design, we began active drilling operations in the Fall of 2020. This stage of our business is focused on safely delivering on our operational and financial goals. But we are also keenly focused on being a steward of the environment, our contractors, our employees, and the communities in which we operate.

As an industry, we are evolving to meet the global demand for hydrocarbons. And we are working hard to develop processes for measurement and transparency on these very important environmental and social matters.

We have pledged to keep these issues at the forefront of our operational and organizational goals as we continue to grow and operate our business. With our team focused on continuous improvement, measurement, and innovation around reduced emissions, safety, and environmental stewardship, all stakeholders in our company, in our industry, and in our communities will benefit.

Paul L. Foster
Chairman