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PRODUCTS & SERVICES
Energy Resources looks at both Oil & Gas as strict upside investments. We have assembled an attractive portfolio of exploration, development and production assets across these two energy sources to give us an extreme strategic position. Our business strategy lets the experts: the engineers, geologists, and professionals oversee the projects while Energy Resources and our investor partners provide the financial framework and necessary capital for them to operate effectively.
Energy Resources is well positioned for steady and aggressive growth over the next 12 to 18 months with new development and exploration projects scheduled for 2013-14. We are confident that we will deliver on our goal of building long-term investor and shareholder value by building a solid base of conventional light oil projects.
The company focuses its attention on acquiring quality assets at the most favorable prices and will pursue choice opportunities through a pre-established relationship of professional contacts and already identified properties.
Our key hydrocarbon recovery strategies are:
- Maintaining a low-cost operations environment
- Long term remaining life of wells, 15-20 years
- Use of modern technologies such as 3D seismic for reveal of untapped reservoirs
- Utilization of innovative, cost -effective technologies to increase efficiency thus production
- Offering quality, developmental prospects for investor participation
Energy Resources believes a focused independent operator can acquire producing crude oil and natural gas properties and improve payback by reworking wells and reducing administrative overhead and operating costs.
The economy changes have created an immense opportunity for companies such as Energy Resources as, now more than ever major oil companies are offering quality strategic opportunities which typically produce positive cash flow, long life, up-hole and behind pipe potential. However, they are decentralized to the rest of their operations.
There are many crude oil and natural gas properties available today that present solid cash flow and extremely realistic opportunities to increase present daily production rates and overall recoverable reserves. This can be achieved through improved maintenance, more efficient employment of oil field personnel, replacement of downhill equipment and simply better field monitoring and management.
Generally, there is a great deal of difference between the day-to-day operations of a large major oil company to that of a smaller, leaner independent company. Often, this improvement in efficiency results in an increase in asset value.