DUMA:OTCBB     |     Last: 2.5     |     Volume: 2780     |     Change: +0.05     |     2012-05-18
OIL PRICE: $91.48 / Barrel

Objectives

SGCA has developed and implemented a multi-tier growth program:

  • Develop salable drilling prospects in-house retaining a carried interest to casing point
  • Drilling of offset wells retaining a majority of the working interest
  • Develop secondary recovery (waterflood) projects
  • Increase production by re-working existing producing or previously producing wells
  • Develop proven undeveloped zones (behind pipe) in existing wells.
  • Acquire currently producing oil and gas wells
  • Complete in-house 3D seismic projects and acquire 3D data where warranted/available

The Company's objective is to find and acquire oil and gas projects of merit and develop those projects to their full potential.