Wednesday, September 15, 2010

Beacon Equity Research Featured Company: Superior Oil & Gas Co. (SIOR.OB)

Superior has carved out a nice position in the constantly developing oil and gas market, amassing some 8k acres in oil and gas leases between sites in Oklahoma and Texas:

• Wolf Creek Prospect in Logan County
• Windy Vista Prospect in Garfield County
• Rio Blanca, Colorado Right of way and Leases

A two pronged strategy forms the basis of SIOR’s operating agenda:

• Constant research into undervalued and profitable leases in proven locations where major developers are active

• Securing said leases while arranging partnerships with parties possessing working interest in order to develop multi-well drilling capacity

By applying advanced technology to undervalued/underutilized proven resources, actively seeking to develop new joint ventures and partnerships, and streamlining existing infrastructure, SIOR has its sights set on becoming one of the most competitive developers in oil and gas.

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