Tuesday, April 13, 2010

Beacon Equity Research Featured Company: Morgan Creek Energy Corp. (MCKE.OB)

Morgan Creek Energy is an independent exploration and development company established by an expert management group to pursue unique growth opportunities in the oil and gas sector. Driven by high crude oil and natural gas prices, Morgan Creek Energy launched its ongoing efforts to seek, acquire and exploit all forms of hydrocarbons.

Rather than simply looking to acquire possible reserves by acquiring enormous but unqualified land prospects, the company is focusing its efforts on building a strategic portfolio and strong operating infrastructure designed to deliver a balance between risk/reward and a path to immediate revenue.

Morgan Creek Energy intends to develop its core assets to drive growth in multiples based on participation in large-scale projects. The company’s management team is firmly grounded in successfully developing and banking proven reserves, opening the door to providing ‘company-maker’ opportunities from geological structures that have yet to be either developed or tapped.

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