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ONG Holdings, Inc (fka ONGH) RSS Feed

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ONG Holdings, Inc is a Texas company (incorporated in Delaware) that is engaged in acquiring existing oil and natural gas production throughout the domestic United States. We operate a virtual business model whereby we can retain a significant portion of our net revenues as operating income, and in turn use the operating income to purchase additional production. We are not the owners or operators of oil or gas fields we are involved in, but rather will purchase a working interest in the cashflow the property is generating. The company outsources any drilling, maintenance, or engineering tasks we have agreed to, which creates remarkably low recurring expenses on a monthly basis. http://www.ongholdings.com (under development)
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