Falcon
Crest Energy is a development stage company engaged in oil and gas exploration
and production. The company concentrates on acquiring minimal risk, high-upside
North American properties that have significant exploration potential.
Falcon
Crest Energy intends to follow a clear and focused strategy. It will strive to
augment its production capacity by sticking to wholly-owned acquisitions and
joint ventures, aiming to swiftly increase its production levels and create
long-lasting value by leveraging advancements in oil and gas production
technologies. Lastly, it will attempt to reduce exploration risk and boost
profit by developing proven petroleum reserves as well as strategically
acquiring and liquidating select oil and gas properties.
Falcon
Crest Energy recently gained ground in its operations. In August 2014, the
company acquired significant leasehold in the Powder River Basin in Wyoming.
Falcon Crest leased the lands from the United States Bureau of Land Management
and, per its agreement with the BLM, now holds a 75% working interest in the
approximately 585 acres of federal land that make up the Powder River Basin.
With this acquisition, the Falcon Crest team has laid out a solid foundation
for the company to thrive in the North American oil and gas market.
Management
at Falcon Crest is stanch about building a leading exploration and production
company, and is committing resources to meet the growing demand for reliable
energy. Several other acquisitions are already in the pipeline. Falcon Crest
will also continue to seek out opportunities to add private leasehold rights to
the federal lands being leased.
For more
information, visit www.FalconCrestEnergy.com
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