Innocent, Inc. (INCT) – An Oil & Gas Company Pursuing Technology-Driven Status

Innocent, Inc. is moving towards its long-term goal of creating a technology-driven North American oil and gas exploration and production company by concentrating, in the short term, on providing a steady balance sheet for its stakeholders.

The company is vigilant about improvements in oil and gas production technologies because it anticipates using them to boost its production levels and to create predictable, lasting value. For now, the company is maintaining its focus on raising its production capacity through acquisitions and joint ventures.

To reduce the risk involved in its oil and gas exploration activities, Innocent, Inc. is focusing on developing proven petroleum reserves and, to boost its profits, the company intends to strategically acquire certain oil and gas properties while liquidating others.

Innocent retains its intellectual property, especially maps and descriptions of producing horizons and formations, in order to create opportunities that allow it to lease the mineral acreage within the areas that show proven reserves, and to eventually buy any undervalued assets and overlooked reserves at minimal prices. The company also holds onto its other intellectual property, including:

-           Isopach maps of any drilled through, tested and/or produced formations

-           Historic well logs within developed shut-in fields

-           Estimated remaining reserves and cash flow analysis

-           Engineering and geology memorandums

-           Well completion engineering, tank battery engineering, and water injection well designs conducive to areas in Oklahoma and Texas

Innocent, Inc. is a developing oil and gas exploration and production company focused on developing North American properties. The Florida-based company has partnered with several veterans of the oil and gas industry in order to leverage their technical guidance and field management experience, as needed.

For more information, visit www.innocentinc.com/

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