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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.
Elder Living Resources Inc is a Tulsa, OK-based company in the Energy and Utilities sector.
We have over 26 years of servicing the power, chemical, refining, and oil & gas industries. We are a premium turn-key industrial pipe fabrication organization.
Truenorth is a joint venture between the Ohio based, The Lyden Company and Shell Oil Company. The Lyden Company is a regional, third-generation family run company. Shell is ahem, much larger. But it`s a partnership that works for both of us. Together we operate or supply over 320 Shell franchise sites in communities throughout Illinois, Ohio, and Michigan. Primary markets include Chicago, Cleveland, Toledo, Dayton, Youngstown, Columbus, and Detroit. Our store locations include over 100 convenience stores under the truenorth brand, featuring a variety of signature brands. Truenorth Management, LLC and truenorth Trucking (The Lyden Company subsidiaries) manage and supply all the stores.