Business Description:
Northamerican Energy Group was created to focus on acquiring low-risk, mature oil, and natural gas fields, and the recovery of their hydrocarbon reserves, with primary emphasis on the secondary recovery, production enhancement and developmental exploitation of its acquisitions. The Company's focus is on creating value and income for its stockholders by utilizing advanced recovery technologies, along with sound engineering and a committed management team and has developed a proven growth strategy of identification, acquisition, and development of domestic hydrocarbon reserves, thereby reducing our dependence on foreign oil. The Company concentrates on acquiring prospects which are, and have, proven oil and gas production which has been operating for many, many years. By acquiring Working Interests in proven low-risk fields the Company minimizes the risk by not "wildcatting or drilling dry-holes", and incurring any expense of building major infrastructure to get the product to market. Finally, The Company's low-cost operations and low overhead structure allows the Company to maximize the income and revenue from each production lease.
Website: northamericanenergy.net |
