America Resources Exploration is an oil and gas exploration
and production company focused on the acquisition of properties in areas with
significant oil reserves. Currently, the company holds a collection of leaseholds
in promising production areas around the country – including parts of Oklahoma,
Texas and Utah. By diversifying its interests and remaining flexible, AREN is
able to maintain steady production levels that ensure operational consistency,
even in less-than-favorable market conditions.
In recent months, AREN has made considerable progress toward
expanding its market share in the domestic oil and gas industries. Despite
slumping commodity prices that continue to hamper industry growth, the company
has acquired a collection of production assets in its current operating
regions, dramatically strengthening its strategic positioning in some of the
country’s most prolific oil production areas. Most recently, AREN announced its
acquisition of a fractional interest in 56 oil and gas wells located in
Oklahoma.
The company’s commitment to expanding upon its portfolio of
production assets is a long-term tactic that leverages the benefits of the
current lower commodity price environment. In particular, AREN’s growth
strategy centers on the acquisition of oil fields from distressed third parties
at a substantial discount to value. When oil and gas prices recover, these
efforts are expected to place AREN into a strengthened position to increase its
production levels in a financially-viable manner, effectively promoting
improved cash flow and increased value for the company’s shareholders.
AREN is committed to becoming a world leader in hydrocarbons
production, requiring the company to continuously achieve superior financial
and operational results while simultaneously adhering to high ethical
standards. Moving forward, the company will continue to lean on the exceptional
quality of its workforce in order to attain a competitive edge in the oil and
gas industry. This advantage, when combined with disciplined and selective
evaluation of capital investment opportunities, will serve as the foundation
for AREN’s pursuit of its goal of achieving record revenues for the 2015
calendar year.
For more information, visit www.america-resources.com
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