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Great Western Oil and Gas Company, LLC (GWOG), is headquartered in Denver, Colorado, with field operations based in Windsor, Colorado. GWOG commenced activity late in 2005. Our core area of operations is in one of the most prolific and active areas, along the western flank of the Wattenberg field, within the Denver Julesburg (DJ) Basin, Colorado. The DJ Basin is a 70,000 square mile hydrocarbon-rich area extending over northeast Colorado into southeast Wyoming and southwest Nebraska. More than 52,000 wells have been drilled in the DJ with an extensive inventory of development and upside potential remaining. Horizontal drilling and multi-stage hydraulic fracture completions in the Niobrara have ignited a new wave of activity and brought substantial results. The DJ Basin offers several competitive strengths; lower cost development, low lifting costs, long-lived production and reserves, existing gathering/processing/transportation infrastructure in place and a well established service sector presence. We have established a demonstrated and repeatable business model based on a three-pronged strategy: • Continued aggressive organic growth from our existing multi-year inventory • Expanding our position in other opportunities in the oil and liquids rich areas of the DJ Basin, along the western flank of the Wattenberg field. • Strategically entering other basins which have demonstrated upside and growth potential, and leverage our skill sets in operations and development We continue to focus on expanding our position in our core area through proactive and opportunistic leasing and “bolt-on” producing property acquisitions. Our success is founded in our network of relationships, our presence and deep local knowledge, our risk management, and our strong technical and financial capabilities.
The rapid development of the world economy and aggressive use of fossil fuels are increasing carbon dioxide (CO2) emissions, accelerating climate change and threatening the natural ecological balance. If we do nothing, serious consequences such as the global food crisis, water shortages, worsening pollution, and even ecosystem collapses will worsen. This energy crisis also affects our communities. As fuel prices rise, our modern lifestyles become increasingly expensive, and global inequality worsens. Families and businesses everywhere are facing higher energy bills. For our communities and the environment, we must find sustainable energy solutions. Solar energy is ready today. Solar is the world's most abundant energy source. Enough sunlight reaches us every 15 minutes to power the world for an entire year. Safe and clean solar energy powers homes, businesses and power plants everywhere. Solar will reach grid-parity in places like Germany, Italy and California within two to three years and we are optimistic that solar energy will reach grid-parity globally by 2020. Solar is a cleaner, safer investment for your family and business. You can immediately reduce your electricity bill, enjoy energy independence from rising energy costs, and increase your home or building's value. Trina Solar is committed to providing smarter energy solutions. Our dedication to producing top quality, high performance products is reflected in our world-record setting technologies and corroborated by exhaustive third party testing.