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Monday, January 06, 2014 3:21:58 PM
Small-cap oil and gas company Innocent, Inc. has established a narrow and clearly defined strategy to maximize production capacity and profit. The central focus of this strategy is to develop proved petroleum reserves in North America and to acquire and liquidate selected oil and gas properties.
Innocent knows that the most carefully planned, brilliant strategy is worthless if it’s not successfully executed. To this end, the company has collaborated with several key partners, each with various and valuable expertise in the lucrative oil and gas exploration and production industry.
C.K. Adams is a registered professional engineer with more than 40 years of petroleum engineering in Wyoming, where Innocent is currently prospecting. Innocent is particularly interested in the Powder River Basin of Wyoming where objective oil-bearing formations are less than 2,500 feet below the surface.
Evergreen, which has over 150 years of experience in the oil and gas industry, will be the general manager of the Powder River Basin exploration project.
Pacer Engineering, also of Wyoming, is a reputable and capable lease acquisition and title opinion company employing several professional land men. Innocent plans to use Pacer’s expertise as needed.
L&J Operating will be the operator of Innocent’s Powder River Basin drilling venture, and will be responsible for obtaining the required bonds, preparing the joint operating agreement form, selecting all contractors and suppliers, payment of all invoices, sale of produced oil, payment of Ad Valorem, conservation, severance taxes and more.
By leveraging the knowledge of these partnerships and utilizing the latest improvements in oil and gas production technologies, Innocent sees its strategy as a viable way to rapidly increase production levels and generate sustainable value.
For more information, visit www.innocentinc.com
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