Spirit Energy Capital Corp
| About us | Both oil and gas, but with great remaining oil and natural gas potential, particularly in deeper multiple Frio sands (2) they are areas with geological formations in which 3-D seismic interpretation has a high rate of success coupled with offset cross-sectional well log control (3) some areas are by-passed by majors for reasons of scale. Our goal continues to be the addition of oil and gas reserves and potential reserves, primarily using 3-D seismic driven developmental drilling. We believe that technological improvements and a select geographic and geological focus has reduced the risks historically associated with exploration and developmental drilling. We also believe that the long term direction for oil and natural gas prices will be to trend upward, and in such an environment, that low risk, high reward developmental drilling programs will be the most effective way to provide a high rate of return on investment to our investors. |
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| Industry Focus | Natural Gas, Coal |
| Business Type | Trading Company |
| Products/Services | Oil and gas exploration and development |
| Our Markets | Worldwide |
| No. of Employees | 5 - 10 People |
| Annual Sales Range(USD) | US$10 Million - US$50 Million |
| Year Established | 2003 |
