Company Snapshot

  • Startup commenced: December 2010
  • Financing: $250 million equity committment from Riverstone Holdings LLC
  • Primary focus: Resource plays targeting shale oil reservoirs
  • Completed: Technical evaluation of commercial oil plays
  • Current: Continuing land accumulation and drill key projects
  • Target: Low cost entry based on technical advantage of team
  • Objective: Contingent resources to proven reserves