for acquisition and/or partnership...
ONE Energy International Corp. (“ONE Energy”) is an oil and gas exploration and production company focusing on the acquisition, management and development of mature and previously exploited onshore wells. The company selects undervalued opportunities where expanded margins can be achieved by the lower entrance cost and where uncaptured value can be identified and realized, such as through recompletions and development drilling.
With its head office in Dallas, Texas and a presence in Denver, Colorado and Hong Kong, ONE Energy and its affiliates, hold 14 leases which include 60 plus wells spread over 2,000 acres. All leases are located in Knox County, Texas. An effort to acquire and bank additional strategic acreage in Texas and surrounding States continues with approximately 2,000 acres under negotiation. A majority of the acreage has shut in wells which the company feels provide opportunity to re-open and stimulate production. The company is also looking at opportunities in Tunisa, Angola, Saudi Arabia, and Algeria.
ONE Energy and its management team collectively enjoy decades of experience and are committed to growing its asset base and operations. Furthermore, the company is committed to develop its oil and gas resources in an efficient and environmentally sensitive manner while contributing to the communities in which it is resident.
ONE Energy is operating under the premise that the probability that oil/gas prices will be higher in a few years time is greater than the probability that they will be lower.
