|
|||||||||
|
|
|||||||||
|
The Mancal Group has been involved in the oil and gas business through a number of entities including Nuehren-Mannix Petroleum (in 1914), western Decalta, and Pembina Resources. Mancal re-entered the energy industry in the summer of 1999 when Mancal Energy Inc. was created. It combined the financial strengths of the Mancal Group with a seasoned management team. This team has a proven track record of building successful exploration and production businesses. The team has grown over the years with the addition of other talented staff to manage and stimulate the companies growth. Mancal Energy employs a multi-disciplinary approach to draw on the expertise and experience of its team to achieve optimal solutions. Our strategy is to develop exploration areas, which have the potential to expand to core-operating properties. Due to commodity price volatility, Mancal Energy's aim is to maintain a balance of oil and gas production reserves and exploration opportunities. Mancal energy will complement the exploration successes with acquisitions and also divest of non-core properties from time to time. Since inception in 1999, Mancal Energy has executed its strategic plan through a successful exploration and development drilling program, selective harvesting by way of dispositions of mature properties and acquisition of properties with significant development potential. The company has amassed a large, high interest undeveloped land position. Mancal operates nearly all of it drilling program and has developed considerable expertise in its chosen core areas. The team at Mancal Energy will continue to add value as it maintains its growth. With the financial strength of the Mancal Group and the technical and administrative skills of the Mancal Energy staff, we are positioned for growth resulting in significant value creation. |
|||||||||
 |
|
|
|
|