"Novus Energy Inc. is a well positioned, junior oil and gas company with a proven management team committed to aggressive, cost-effective growth of high netback light oil reserves and production. Novus will continue to grow through a targeted acquisition and consolidation strategy coupled with development and exploration drilling. Novus’ strong financial position and unused lines of credit will allow for the exploitation of its drilling inventory and expansion of the Company’s opportunity suite through internally generated prospects and strategic light oil acquisitions."
futr, I like the emphasis of Novus management on oil, especaially since we are entering into a Peak Oil period.
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