Capture and Enhance the Oil and Gas Reserves that were previously discovered but not fully produced and to alleviate production declines through the deployment of Enhanced Secondary Recovery Technologies and Methods in the U.S.A. & Canada;
Increase Oil production of JP#1-18 with swift and proven enhancement of 17 wells;
Acquire additional projects to achieve self-sufficient, asset based growth company.
Qualifications
No Debt outstanding on project JP#1-18 - Asset investment;
18 wells with one developed and producing now;
Third Party Geologist Report SEC 51 101 F3 for JP#1-18 states:
Recoverable in Place = 384,750 barrels of oil;
@$90 = $35 million;
Plus another 1.6 million Barrels behind the Pipe;
Room on lease to drill another 5 wells.
Production life of 12+ years;
Management and executive team is built on industry veterans in their respective fields;
Growth opportunities with improvements and acquisition of producing oil/gas assets.
History
Developed producing oil production with Secondary Oil Recovery Enhancement technology;
Our cost of secondary enhancement is significantly less than exploration via drilling and set up;
Contracted with experienced operators as Working Interest Partners with over 75+ years of experience in Oil & Gas industry;
Mitigate risk with the use of new technology to mature oil fields: update, clean, increase efficiency, extend and re-new life of projects;
International expertise - direct experience with European Public Company, work in Crude Petroleum and Natural Gas extraction in both Canada and USA;
Build on what you have and expand from that base.
Key to Success
In North America new technology can recover as much as 218 billion barrels of oil that has been bypassed and remains in existing oil fields ( US National Energy Tech Lab. 2007);
We buy productive fields and enhance them at a fraction of the cost of fully developed fields providing excellent return on investment potential;