The Falcon
Crest Energy team is building a solid foundation for the company to become a
top-notch oil and gas explorer/producer capable of answering some of the
ever-increasing demand for reliable energy nowadays. The eventual goal is to
make Falcon Crest Energy a leader in the North American oil and gas market so
management is committing the necessary capital and people resources to meet
this objective.
Months
ago, the development-stage company made its first lease acquisition as “Falcon
Crest Energy,” its new name as of August 2014. The company now owns a majority
of the working interest on 584.78 acres in the Powder River Basin in Wyoming.
Falcon Crest Energy leased the lands from the United States Bureau of Land
Management, and revealed the new leasehold acquisition during the third quarter
of the year. This is the first of many projected acquisitions for the company,
which is actively looking to add private leasehold rights to its portfolio and
has several other acquisitions in its pipeline.
Founded in
2006 and based in Toronto, Canada, Falcon Crest Energy is a development stage
company engaged in oil and gas exploration and production. Since inception,
Falcon Crest Energy has concentrated on acquiring low risk, high upside North
American properties that have significant exploration potential.
When it
comes to its operations, the company follows a clear and focused strategy.
First, it strives to increase its production capacity by sticking to
wholly-owned acquisitions and joint ventures. Secondly, it aims to raise its
production levels and create long-lasting value by leveraging advancements in
oil and gas production technologies. Lastly, it attempts to reduce exploration
risk and boost profit by developing proven petroleum reserves as well as by
strategically acquiring and liquidating select oil and gas properties.
For more
information, visit www.FalconCrestEnergy.com
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