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Finance Oil Limited - Corporate Strategy
Finance Oil Limited believes that investing in currently producing oil and gas wells or drilling offset wells has a much lower degree of risk than rolling the dice and betting on a wildcat well. When Finance Oil Limited drills a well, we attempt to minimize drilling risk by drilling a well that offsets existing production. There is always risk involved when drilling a well; that's why Finance Oil Limited employs competent drilling crews, engineers and geologists to ensure that the drilling operations run smoothly. We will only drill when our geologists and petroleum engineers have thoroughly examined the geology and are confident that we will be able to increase production by drilling an offset well.
Finance Oil Limited examines every opportunity to acquire good, producing properties. After targeting a property, we research the well and production history, examine the engineering, and finally, we enter into negotiations with the property owner. We believe that these days a focused independent operator can acquire producing properties and improve payback by reworking wells and reducing administrative overhead and operating costs. What is becoming more available from the major oil companies are non-strategic opportunities which typically have positive cash flow, long life, uphole and behind pipe potential, but are decentralized to the rest of the major oil company's operations. For the current operator, these properties often carry higher operating costs because they may not make the larger company's administrative hurdle rates, but may be good values to smaller companies with less overhead. There are many oil properties available today that present solid cash flows and very realistic opportunities to increase their present daily production rates and overall recoverable reserves. This is achieved through improved maintenance, more efficient employment of oil field personnel and utilization of surface equipment, replacement of down hole equipment and simply better field monitoring and management. Generally, there is a great deal of difference between the day to day operations of a large, major oil company to that of a smaller, leaner independent. Many times, this improvement in efficiency causes an increase in asset value.
Finance Oil Limited is always seeking to acquire quality properties at the most favorable prices and will pursue choice opportunities through a pre-established relationship of professional contacts and already identified properties. Here at Finance Oil Limited we are working hard for you! So call us, we produce. |
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 Investment Opportunities
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For an investment package please
contact us at:
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Finance Oil Limited
#205-171 Commercial Drive
Kelowna, British Columbia
Canada V1X-7W2
Office 1.250.491.9696
Toll Free 1.877.784.9696
Email: info@financeoil.com |
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