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Southern Gulf Inc is a Abbeville, LA-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.
Murphy USA is proud to be one of the highest volume convenience retailers in the United States. Headquartered in El Dorado, Murphy USA opened its first store in Chattanooga, Tenn., in December 1996. Today, Murphy USA operates more than 1,270 stores in 23 states and employs more than 9,000 people. The stores provide quality, low-priced fuels and outstanding service to nearly 2 million customers every day to get them where they need to go. Such exponential growth speaks to Murphy`s commitment to provide quality fuels, convenient locations and best-in-class customer service. Today, the company continues to move forward for the benefit of its customers, investors, employees and other valued partners by making solid alliances, responsible investments and smarter business practices.
Crescent Directional Drilling is a Houston, TX-based company in the Energy and Utilities sector.
We are an oil and gas producer focused on horizontal drilling of multiple stacked pay zones in the oil-rich Permian Basin. We have a substantial inventory of drilling locations to grow our production and reserve base. Our experienced management team has a proven track record in the oil and gas industry and is focused on maximizing value to shareholders.