Mass Petroleum To Roll Out The Barrels In Western Canada
cialis for men alt=”" width=”80″ height=”79″ />MASP.ob Stock Alert From CRWEFinance.com
MASP, MASS Petroleum Inc., MASP.OB – The company, which engages in the acquisition of producing oil and gas projects, is currently in the process of acquiring several producing oil and gas assets in Western Canada. The target acquisitions offer a stable production base with low-risk drilling opportunities, which is one of MASS’s main focuses. Canada’s proven oil reserves holds more than 175 billion barrels of oil, with 95 percent of that found in Alberta.
Mass Petroleum’s primary objective is to make strategic acquisitions balanced with focused exploration and development plans It also seeks to build core areas with significant undeveloped land, high working interest and/or operatorship, balance a light oil and gas portfolio with large scalable reserves, and focus on high Working Interest (WI) projects with an upside drilling prospect.
Mass Petroleum is getting a new lease on the oil and gas business. In fact, it is acquiring six separate leases in the Walnut Southeast field area. of Kansas — Eagle, Mein, Bammann, Westhoff, Steffens, and Bradshaw. Each lease is developed with a number of producing wells and, in some cases, water injection as well. The Eagle field, which has been in production since the 1950s, has produced more than 100,000 barrels of oil. Mass Petroleum is an oil and gas production company backed by an experienced and dedicated management team. It is engaged in the acquisition of producing oil and gas projects, with the purpose of building its reserves and ensuring sustainable growth via focused exploration and acquisition strategy buy Micardis sale cialis Plus online in order to create shareholder value.
Mass Petroleum engages in production and exploration of oil and gas properties for stable growth and their current plans are to enhance their properties through acquisition and project development.
Mass Petroleum has increased its efforts by evaluation of producing oil and gas properties that have a blue sky growth potential. The company has planned to shift its focus towards stable production areas in Midwestern United States and Canada.
The defined potential exploration areas are in line with the company’s long term strategy for stable and steady revenue from production of their properties which can be used in further development and exploration.
MASP.ob main objectives are to make long term acquisitions with well defined development and exploration strategies, enhance its core business with land packages and high working interests, put more efforts in high working interest projects with substantial drilling prospects and build a balanced and diversified oil and gas business portfolio.
About Mass Petroleum Inc:
Mass Petroleum Inc is engaged in oil and gas exploration and production. The company is expanding its business through acquisitions of exploration stage oil and gas wells by means of leases or buying substantial interest in them. The company has work force of most experienced professional in oil and gas sector. As on November 30th, 2009 the company reported its three exploration properties in Oklahoma with 2.34 percent interest in their ownership. The company’s main focus is in oil and gas leases and interest ownership in medium sized oil and natural gas production properties. Mass Petroleum is also looking forward to acquire non operational interests and exploration interests in producing wells.
MASP is currently reviewing several acquisition targets in Kansas that offer the potential to increase cash flow through production and offer additional blue sky potential through equipment refurbishment, drilling new wells on prolific land packages and joint venture opportunities.