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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.
Klabzuba Oil Gas is a Havre, MT-based company in the Energy and Utilities sector.
NEOS GeoSolutions is a Houston, TX-based company in the Energy and Utilities sector.
SM Energy Company is an independent energy company focused on the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the United States. The company was founded in 1908, incorporated in 1915, and became a public company through an initial public offering in 1992. SM Energy trades on the New York Stock Exchange under the symbol SM. At SM Energy, we also take seriously the manner in which we conduct our business. We strive to be recognized as an employer, partner, and customer of choice. Our core values are to: * Conduct business with the highest ethical standards. * Foster a rewarding and productive work environment. * Ensure the health and safety of all who work at SM Energy facilities. * Protect the environment. *Support the communities where we live and work.
Flotek develops and delivers prescriptive chemistry-based technology, including specialty chemicals, to clients in the energy, consumer industrials and food & beverage industries. Flotek`s inspired chemists draw from the power of bio-derived solvents to deliver solutions that enhance energy production, cleaning products, foods & beverages and fragrances. In the oil and gas sector, Flotek serves major and independent energy producers and oilfield service companies, both domestic and international. Flotek Industries, Inc. is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK."