is an independent oil and natural gas development and production company. Our basic business model is to increase shareholder value by finding and developing production through the development activities, which include re-entering well, that have historical production or are currently producing , and selling the production from these, worked over wells at a profit in the State of Kentucky. To be successful, we must, over time, complete our goal of raising sufficient funds for a 10 well workover program scaling up to a 100 well workover program on our leases in Kentucky over the next year and then sell the resulting production at a price that is sufficient to cover our operating expenses, administrative costs and interest expense, plus offer us a return on our capital investment.

 

Company website: http://www.xunenergy.com

Tags

 
 
 
 

Enjoy this site? Please spread the word :)

RSS
EMAIL
SHARE