Many mining and
exploration companies try to hit a gold mine in areas all over the world.
Innocent is looking for gold, too, but its operations are limited to mineral
properties in Ecuador. The company’s primary focus is on gold deposit sites in
the South American country, but it also has oil and gas interests here in the
states.
Innocent was founded
in 2006. It’s based in Melbourne, Florida, and led by two key executives. Mr.
Wayne A. Doss, 61, is the company’s Chief Executive Officer, President, Chief
Financial Officer, Secretary, and Director. Mr. Patrick J. Johnson, 37, is the
Chief Operating Officer and a Director.
Innocent has a
narrow, clearly defined strategy where its focus is on 100% acquisitions and
joint ventures. These have been and will be done all in the name of taking
production capacity to the farthest it can go. The company aims to minimize the
risks associated with exploration by developing proved petroleum reserves. As
risks are minimized, profits will be maximized through strategic acquisition
and liquidation of oil and gas properties.
The company’s most
recent development dates back to November 2013, when it announced that it
signed an exploration agreement with Evergreen Petroleum. Evergreen is based
out of Dallas, Texas, and boasts 150 years of oil and gas industry experience.
Innocent partnered with Evergreen due to their combined interest in the Powder
River Basin of Wyoming, where formations are generally shallow.
Evergreen’s role in
the exploration agreement is to select the areas to lease, drill exploratory
and development wells, and produce whatever oil and gas is found. Innocent was
excited to partner with Evergreen because of its experience in the region and
believes the property will benefit both companies.
As of April 2014,
the company has filed the SEC’s 10-Q Form, and has issued a quarterly and
annual report. For information on this news, please visit www.innocentinc.com
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