“SWOT analysis is a tool used to determine an overall view of an organizations strategic position. It highlights the need for a strategy to produce a strong fit between the internal capability (strengths and weaknesses) and the external situation (opportunities and threats)” (Paul Baines, Chris Fill, Kelly Page, 2008) Strengths
There are many strengths that Exillion Energy have within their organisation. One of the strengths that Exillion Energy has is the drilling programme the organisation has in place to sustain and to try and increase oil production. This is a huge strength for Exillion Energy as there is a massive shortage in oil production so by Exillion Energy focusing on creating a programme to increase oil production is a huge strength as if this programme goes to plan Exillion Energy will have more oil production at their disposal, which also means they can sell more oil too countries.
One other strength that Exillion Energy has is by introducing a physical infrastructure to minimise operational costs. This is a strength to Exillion Energy as the company is looking for a way to reduce its costs an by introducing an infrastructure to minimise operational costs this is beneficial to Exillion Energy as this would mean that they will be trying to reduce the costs of overheads, cost of electricity and some personal office wages.
One other strength that Exillion Energy has that they have had no natural disasters so this would be any oil spills or anything that has had an affect on the industry or the environment. This is a massive strength for Exillion Energy as this clearly emphasises to the industry and the people out their that Exillion Energy comply to the highest safety rules and this has resulted in not having any natural disasters. What this will also result in is more consumers trusting on Exillion Energy as they haven’t had any disasters in company’s history and this would be one of the strengths