CAP ENERGY LIMITED

 

           

        Overview

 

The Company has been established to invest in oil and gas exploration and production assets, particularly focused on North America.

 

The Company currently has interests in five producing properties in Oklahoma and Texas, USA.

 

Although the price of oil has increased dramatically over the past year, Cap Energy believes that this is due to strong demand which the industry is struggling to supply, and the price will remain strong for some time to come.  The Company also believes that it will benefit from the relative safety and stability of the USA as an oil producing area, compared to other oil producing regions in the World.

 

The Company’s strategy is threefold;

 

Firstly, to develop a stable oil and gas production base which generates enough income to cover all corporate overhead.

 

Secondly, to participate in progressively larger projects involving extensive remedial and new development work which will generate higher profit margins than simple production acquisitions, thereby delivering real net asset growth to shareholders.

Thirdly, to bring the Company to the AIM market as soon as its asset base is sufficiently large.