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Created: 06/09/2003 03:01:19 PM - Followers: 1 - Board type: Free - Posts Today: 0
WHO WE ARE: Impact Energy Inc. is a junior oil and gas company engaged in the exploration for, and development and production of, natural gas and light oil reserves primarily in the provinces of Alberta and British Columbia, and the State of Montana. Impact's common shares trade on The Toronto Stock Exchange under the symbol "IEY". WHAT WE DO: Impact was created as a "full-cycle" natural gas exploration company. The Company's business plan is to create asset value primarily through the generation and drilling of exploration prospects utilizing innovative exploration techniques. Impact is targeting pools which can result in meaningful reserve and production additions. Impact employs an operational plan that incorporates environmentally sustainable exploration and development. Our near term focus is developing and expanding Impact's existing exploration asset base, which includes approximately 130,000 net acres of undeveloped land focused in the gas prone, deeper western portion of the western Canadian Sedimentary Basin in Alberta, northeastern British Columbia, and Montana. The Company continues to develop and add new "high-impact", natural gas and light oil prospects that fit Impact's strategic growth criteria, and have the potential to add to the Company's net asset value
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