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SGR Energy is a fuel blending and manufacturing company that has developed a platform for cost-effectively incorporating renewable and clean burning additives into a 1% Sulfur #6 Fuel Oil ready for commercial and industrial burning. SGRs proprietary blending process produces a cleaner-burning fuel oil that can be produced at a large scale. Companies aimed at producing fuel oils that are clean burning have encountered high cost, scaling issues, and a much less desirable product when using used lube oils to lower cost, thus making SGRs Fuel Oil the most logical solution that is currently available for incorporating renewables into the petroleum stream. Our mission is to address the problem from within the infrastructure to avoid large capital costs. Our proprietary fuel blending method allows for incorporating renewable components and cleaner burning additives with blendstocks to improve the quality, extend the volume and produce a cleaner burning fuel. SGRs finished utility spec #6 Fuel Oil will meet or exceed the specifications of our competitors and can be delivered to the customer at a much lower cost. Since the process is not feedstock specific, it allows for versatility and can utilize inputs derived by various suppliers. It can also be modified based off of availability of input and price. The SGR Energy technology is wholly owned by SGR Energy, Inc. and has no styrene or butylene incorporated in its fuel.
Parker Oil Co Inc is a Wichita, KS-based company in the Energy and Utilities sector.
Rapad Drilling Well Service is a Laurel, MS-based company in the Energy and Utilities sector.
Fairbanks Fuel is a Fairbanks, AK-based company in the Energy and Utilities sector.
Energy XXI is an independent oil and natural gas development and production company which has historically focused on development drilling on our core properties to enhance production and ultimate recovery of reserves, supplemented by strategic acquisitions from time to time. Our acquisition strategy has historically been to target mature, oil producing properties on the Gulf of Mexico Shelf and the U.S. Gulf Coast that have not been thoroughly exploited by prior operators. The Company`s properties are located on the U.S. Gulf Coast or on the Gulf of Mexico Shelf and we currently operate 91% of our proved reserves. Our geographic concentration on the Gulf of Mexico Shelf enables us to manage our operated fields efficiently and our high number of wellbore locations provides diversification of our production and reserves. By having operations in a geographically concentrated area, we can optimize and more efficiently service our operations. At March 31, 2017 our total proved reserves were 109.4 MMBOE of which 80% were crude oil and 71% were classified as proved developed reserves. We operated or had an interest in 616 gross producing wells on 439,294 net developed acres, including interests in 57 producing fields. We believe operating our assets is a key to our success and approximately 91% of our proved reserves are on properties operated by us.