Getting into the oil and gas game is no small feat as many race to claim their share of the energy prize. Most companies have already staked their claim and are working to get oil out of the ground. Others are working to find wells and leases that have been left for dead. It may not be as easy as it was years ago, but for those companies that can stick at it, there’s plenty of profit left to be had.
Sun Cal Energy Inc., an exploration stage oil and gas company, works to find and extract oil and gas from new and existing oil and gas deposits. The company continues in its exploration stage with partial and 100% interests in several leases. In its own right, and through its subsidiary Sun Cal Energy Canada, Inc., the company controls several thousand acres of recognized oil and gas properties while maintaining over 34 leases.
Although the company is small, it does have a diverse land acquisition and drilling strategy for known oil and gas producing regions. The company’s 5% interest with King Royalty Corp also puts it in position to benefit from a lease that currently has 173 producing wells on it. Furthermore, the company has finalized plans for a lease within the Rocky Mountains anticline region that is widely recognized as a premier gas formation.
Sun Cal Energy clearly has a solid plan of attack designed to take advantage of today’s rising oil and gas prices. They have positioned themselves in known strategic regions of the country for key oil and gas finds. As the energy cycle continues at its quick pace, the company appears ready to capitalize and realize great gains.
Let us hear your thoughts below: