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Friday, May 21, 2021 10:17:02 AM
Sustainable Wealth”
By 2020, FLERC will be most recognized for our ability to continuously create business opportunities and deliver long-term value for the benefit of the Frog Lake First Nation and its partners.
The vision statement is a long-term strategy whereby FLERC would achieve the goal of becoming a national influence in both the oil & gas industry and among other First Nation groups. This vision is continuously redefined once the goals are met to ensuring FLERC’s unceasing evolution to new competencies as an oil & gas corporation.
Part of this strategy is an integral focus on low-risk value creation as a means to generating a steady pace of asset growth and profitability.
Funny thing is no updates to the company website since December 2017, and nothing about the above. Seems Atacama chose the right man for the job, fits right in with their idea of progress.
Last business update on the website.
2013
FLERC’s share of production from operators exceeds 3000barrels per day, Cash Flow $30MM and Debt Free
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