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Orex Exploration Inc. is a Rouyn-Noranda, QC-based company in the Energy & Utilities sector.
Magellan Petroleum Corporation is an independent oil and gas exploration and production company focused on the development of a CO2-enhanced oil recovery ("CO2-EOR") program at Poplar Dome in eastern Montana and the exploration of unconventional hydrocarbon resources in the Weald Basin, onshore UK. Magellan also owns an exploration block, NT/P82, in the Bonaparte Basin, offshore Northern Territory, which the Company currently plans to farm-out; and an 11% ownership stake in Central Petroleum Limited (ASX: CTP), a Brisbane based junior exploration and production company that operates one of the largest holdings of prospective onshore acreage in Australia. The Company conducts its operations through three wholly owned subsidiaries corresponding to the geographies in which the Company operates: Nautilus Poplar LLC ("NP") in the US, Magellan Petroleum (UK) Limited ("MPUK"), and Magellan Petroleum Australia Pty Ltd ("MPA"). Our strategy is to enhance shareholder value by maximizing the value of our existing assets. Our portfolio of operations includes several early stage oil and gas exploration and development projects, the successful development of which requires significant capital, as well as significant engineering and management resources. We are committed to investing in these projects to establish their technical and economic viability. In turn, we are focused on determining the most efficient way to create the greatest value and highest returns for our shareholders. Magellan was founded in 1957 and incorporated in Delaware in 1967. The Company`s common stock has been trading on the NASDAQ since 1972 under the ticker symbol "MPET.
WellStar Energy Corp. is an oil & gas company trading on the TSX Venture Exchange under the symbol WSE, under the symbol WSEYF in the US and under the symbol W6V1 on the Frankfurt Exchange. The Company recently completed the acquisition of Nexxtep Resources Ltd., a privately held oil and gas company with operations in southwestern Saskatchewan and Alberta. The acquired assets include operated working interests producing approximately 62 net barrels of oil equivalent per day from approximately 6,000 net acres. This includes 3,500 net acres in Saskatchewan prospective for the Bakken formation, with current production from 3 wells in the Red River and Winnipeg Sand formations. The Assets also include facilities consisting of a salt water disposal well, 5 x 1,000 barrel oil storage tanks and a fresh water source well. WellStar is also a non-operated working interest owner in the Bakken oil play in North Dakota and Montana with approximately 1,164 net acres. WellStar`s s focus going forward will be to allocate capital towards increasing production within its current asset base and to make strategic acquisitions within the Western Canadian Sedimentary Basin and the Rocky Mountain states.
Sanderson Industries is a Atlanta, GA-based company in the Energy and Utilities sector.
Elkhorn Rural Public Power District is a Battle Creek, NE-based company in the Energy and Utilities sector.