Start Scientific
specializes in exploring, drilling, extracting, and delivering crude oil and
has a solid business strategy and vision for creating shareholder value. With
assets including several holdings in the United States (Mississippi) and
Romania and its focused management, industry expertise, and people, Start
Scientific means to meet its company goals:
• expand its exploration and
development of existing properties;
• use its unique management contacts to
acquire additional oil and gas assets throughout the world;
• help meet the global demand for
energy and resources.
Start Scientific’s
personnel, along with its affiliates and joint venture partners, will be
essential to the achievement of these goals. With over 65 years of combined
experience operating natural resource companies, the company’s managers and
staff have the logistical and technical skills needed to manage the business
effectively, stay competitive, and keep the company on track so it becomes a
vital part of the oil industry. Not only are its people at the heart of the
company’s product and service excellence, they are critical to its ultimate
success.
The company’s
existing holdings will also contribute greatly to the advancement of its goals.
In the United States, for example, the company owns a significant interest in
the Pickens Field located 35 miles north of Jackson, Mississippi, in Madison
and Yazoo Counties. The company estimates that as many as twenty locations are
possible on the field, and total recovery could be 200,000 barrels of oil per
well. Depending on the western extent of the field, an estimated 4,000,000 to
5,000,000 barrels of oil may be recoverable.
In Romania, Start
Scientific holds concessions and leases covering about 120,000 acres which
consist of six existing oil and gas fields: Bordei Verde Vest, Nadlac Fields,
Catrunesti Field, Cozieni, East Ciumeghiu, and Alexandria Block. Each of the
fields has substantial undrained and undeveloped oil and gas reserves. The
company is planning to drill one new well in three of the fields and to
participate in two new wells in the two fields operated by Amromco (Bordei
Verde Vest and Nadlac Fields). Plus, one existing well will be recompleted in
the Catrunesti Field, and work will begin on either repairing or replacing the
current pipeline in the Alexandria Block.
For more
information, visit www.startscientificoil.com
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