{"id":1966,"date":"2017-07-12T09:57:06","date_gmt":"2017-07-12T09:57:06","guid":{"rendered":"http:\/\/petroceltic.wpengine.com\/?page_id=1966"},"modified":"2019-05-30T14:05:53","modified_gmt":"2019-05-30T14:05:53","slug":"the-petroceltic-way","status":"publish","type":"page","link":"https:\/\/petroceltic.bg\/en\/the-petroceltic-way\/","title":{"rendered":"The Petroceltic Way"},"content":{"rendered":"<p>[vc_row css=&#8221;.vc_custom_1466045995695{margin-bottom: 70px !important;}&#8221;][vc_column][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;1944&#8243; img_size=&#8221;full&#8221; add_caption=&#8221;yes&#8221; style=&#8221;vc_box_outline&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_custom_heading text=&#8221;Production&#8221; font_container=&#8221;tag:h3|font_size:22px|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221; font_weight=&#8221;600&#8243; text_transform=&#8221;none&#8221; heading_style=&#8221;heading&#8221; sub_heading_character_color=&#8221;rgba(0,0,0,0.4)&#8221; css=&#8221;.vc_custom_1499851624854{margin-bottom: 30px !important;}&#8221; el_class=&#8221;section-title&#8221;][vc_column_text]The new Petroceltic management team has implemented a top to bottom review of the company\u2019s assets and approach to operations. As a result of this review, through the application of leading edge production methods, Petroceltic has achieved a doubling of production in the last six months, with further upside expected in the near, medium and long term as we progress a world class asset in Bulgaria.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_custom_heading text=&#8221;Financial strength<br \/>\n&#8221; font_container=&#8221;tag:h3|font_size:22px|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221; font_weight=&#8221;600&#8243; text_transform=&#8221;none&#8221; heading_style=&#8221;heading&#8221; sub_heading_character_color=&#8221;rgba(0,0,0,0.4)&#8221; css=&#8221;.vc_custom_1499853130860{margin-bottom: 30px !important;}&#8221;][vc_column_text]The company has been transformed from heavily loss making to profitable in under six months as a result of the production increases and improved operational efficiencies. Petroceltic\u2019s strong financial platform allows us to invest in the people and places in which we operate and to progress the development of our high performance assets.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;1645&#8243; img_size=&#8221;large&#8221;][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;1644&#8243; img_size=&#8221;large&#8221; add_caption=&#8221;yes&#8221; alignment=&#8221;right&#8221; style=&#8221;vc_box_outline&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_custom_heading text=&#8221;Corporate Structure &#8221; font_container=&#8221;tag:h3|font_size:22px|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221; font_weight=&#8221;600&#8243; text_transform=&#8221;none&#8221; heading_style=&#8221;heading&#8221; sub_heading_character_color=&#8221;rgba(0,0,0,0.4)&#8221; css=&#8221;.vc_custom_1499853258775{margin-bottom: 30px !important;}&#8221;][vc_column_text]Petroceltic\u2019s corporate structure has been streamlined since its delisting. The company head office is located in Sofia, with investment now better deployed in the countries in which we operate. This material improvement in the stewarding of capital has resulted in increased production, lower cost operations and value creation for all stakeholders.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row css=&#8221;.vc_custom_1466045995695{margin-bottom: 70px !important;}&#8221;][vc_column][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;1944&#8243; img_size=&#8221;full&#8221; add_caption=&#8221;yes&#8221; style=&#8221;vc_box_outline&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;][vc_custom_heading text=&#8221;Production&#8221; font_container=&#8221;tag:h3|font_size:22px|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221; font_weight=&#8221;600&#8243; text_transform=&#8221;none&#8221; heading_style=&#8221;heading&#8221; sub_heading_character_color=&#8221;rgba(0,0,0,0.4)&#8221; css=&#8221;.vc_custom_1499851624854{margin-bottom: 30px !important;}&#8221; el_class=&#8221;section-title&#8221;][vc_column_text]The new Petroceltic management team has implemented a top to bottom review of the company\u2019s assets and approach to operations. As a result of this review, through the application of leading edge production methods, Petroceltic has achieved a doubling of production in the last six months, with further upside expected in the near, medium and long term as we progress a world class asset in Bulgaria.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_custom_heading text=&#8221;Financial strength &#8221; font_container=&#8221;tag:h3|font_size:22px|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221; font_weight=&#8221;600&#8243; text_transform=&#8221;none&#8221; heading_style=&#8221;heading&#8221; sub_heading_character_color=&#8221;rgba(0,0,0,0.4)&#8221; css=&#8221;.vc_custom_1499853130860{margin-bottom: 30px !important;}&#8221;][vc_column_text]The company has been transformed from heavily loss making to profitable in under six months as a result of the production increases and improved operational efficiencies. Petroceltic\u2019s strong financial platform allows us to invest in the people and places in which we operate and to progress the development of our high performance assets.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;1645&#8243; img_size=&#8221;large&#8221;][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;1644&#8243; img_size=&#8221;large&#8221; add_caption=&#8221;yes&#8221; alignment=&#8221;right&#8221; style=&#8221;vc_box_outline&#8221;][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_custom_heading text=&#8221;Corporate Structure &#8221; font_container=&#8221;tag:h3|font_size:22px|text_align:left&#8221; use_theme_fonts=&#8221;yes&#8221; font_weight=&#8221;600&#8243; text_transform=&#8221;none&#8221; heading_style=&#8221;heading&#8221; sub_heading_character_color=&#8221;rgba(0,0,0,0.4)&#8221; css=&#8221;.vc_custom_1499853258775{margin-bottom: 30px !important;}&#8221;][vc_column_text]Petroceltic\u2019s corporate structure has been streamlined since its delisting. The company head office is located in Sofia, with investment now better deployed in the countries in which we [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/petroceltic.bg\/wp-json\/wp\/v2\/pages\/1966"}],"collection":[{"href":"https:\/\/petroceltic.bg\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/petroceltic.bg\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/petroceltic.bg\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/petroceltic.bg\/wp-json\/wp\/v2\/comments?post=1966"}],"version-history":[{"count":0,"href":"https:\/\/petroceltic.bg\/wp-json\/wp\/v2\/pages\/1966\/revisions"}],"wp:attachment":[{"href":"https:\/\/petroceltic.bg\/wp-json\/wp\/v2\/media?parent=1966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}