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NuVista is an oil and natural gas company actively engaged in the exploration for, and the development and production of, oil and natural gas reserves in Western Canadian Sedimentary Basin. NuVista’s primary focus is on the scalable and repeatable condensate-rich Montney formation in the Wapiti area of the Alberta Deep Basin. This play has the potential to create significant shareholder value due to the high-value condensate volumes associated with the natural gas production and the large scope of this resource play. 2012 was a pivotal year for NuVista, repositioning the company from an acquire and develop business model to a business model focused on its Wapiti Montney play with strong economics, repeatability and scale. The focus of 2012 and 2013 was on delineation drilling and follow-up drilling to identify development drilling opportunities. The focus of 2014 is executing on a development program primarily in it Bilbo (South) Development Block and adding new infrastructure to increase processing capacity.
Independence Contract Drilling was formed in 2011 as a vertically integrated premium land drilling services provider. From its wholly owned API certified manufacturing facility in Houston, Texas Independence Contract Drilling provides E&P operators the ShaleDriller series rigs. These rigs are fast moving, programmable AC rigs custom designed to be best in class for the development of shale plays and other areas where completions require long horizontal sections. The ShaleDriller is based on a proven rig design with units operating in all major US shale plays as well as Africa, Indonesia and Asia. Driven by superior design characteristics, ShaleDriller rigs provide a compelling value proposition to our customers. The fine control of key drilling parameters offered by ShaleDriller proprietary AC software code allows same-class wells to be drilled in almost half the time required by a mechanical rig and 20% faster than with DC equipment. Combined with the ShaleDriller`s fast mobilization this allows operators to drill four – eleven additional wells per year, per rig.
American Refining Group Inc is one of the leading companies in the Energy and Utilities sector.
Ghalib Enterprises is a Chicago, IL-based company in the Energy and Utilities sector.
Macfarlane Oil is a Dedham, MA-based company in the Energy and Utilities sector.