Stock Guru Profile
Northamerican Energy Group was created to focus on acquiring low-risk, mature oil, and natural gas fields, and the recovery of their hydrocarbon reserves, with primary emphasis on the secondary recovery, production enhancement and developmental exploitation of its acquisitions.
The Company’s focus is on creating value and income for its stockholders by utilizing advanced recovery technologies, along with sound engineering and a committed management team and has developed a proven growth strategy of identification, acquisition, and development of domestic hydrocarbon reserves, thereby reducing our dependence on foreign oil.
The Company concentrates on acquiring prospects which are, and have, proven oil and gas production which has been operating for many, many years. By acquiring Working Interests in proven low-risk fields the Company minimizes the risk by not “wildcatting or drilling dry-holes”, and incurring any expense of building major infrastructure to get the product to market. Finally, The Company’s low-cost operations and low overhead structure allows the Company to maximize the income and revenue from each production lease.
Jon Ginder, Chairman/CEO; Gene Chew, President/COO
NNYG — Northamerican Energy Group Corp.
P.O. Box 691172
Houston, TX 77269-1172
Website: http://www.northamericanenergy.net
Phone: 281-895-8351
Fax: 281-895-8321
Source: Northamerican Energy Group
Safe Harbor Provisions: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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