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Statoil is an international energy company with operations in more than 30 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world`s energy needs in a responsible manner, applying technology and creating innovative business solutions. Statoil is headquartered in Norway with 23,000 employees worldwide, and is listed on the New York and Oslo stock exchanges.
Citation Oil and Gas Corp. is one of the leading companies in the Energy and Utilities sector.
ZAF Energy Systems has developed a revolutionary, high performance battery that is safe, environmentally responsible and cost effective. At ZAF we are leveraging decades of research in zinc air battery technology with the latest advances in material sciences and combining them with our proprietary innovations. The result is a break-through battery technology that is high in energy, low in cost and weight, and provides an unsurpassed level of safety, while being able to boast the greenest battery technology on the market.
Petroleum Solutions Inc is a Mcallen, TX-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.