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About
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Overview Providence Energy Group, Inc. (PEG) was formed in 2006 as an independent oil & gas company to leverage it's assembled management team's extensive experience and relationships in order to fulfill today's growing demand for hydrocarbons. Driven by increasing oil prices, today's demand for upstream energy is expanding exponentially - driving never before seen exploration, drilling, and production activities on a worldwide basis. Energy pricing and energy demand have become the dominant factors in the volatile global economy. With profits higher than ever before, oil companies are able to expand investment into new regions. Providence Energy Group is dedicated to becoming the premier leader in the energy field by quickly adapting to and effectively leveraging financial markets, industry trends, leading technologies and new developments in energy discovery, recovery, and production. The Company will take maximum advantage of every opportunity with a balanced strategy of low risk plays and higher yield opportunities. |
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Strategy Providence Energy Group's strategy is to grow production, cash flow and investment through strategic partnerships and intelligent exploration. This strategy has been fined tuned to focus on exploration of PEG's two concession blocks in Belize: Punta Gorda and Glover's Reef. PEG's primary focus is locating undiscovered hydrocarbons. Analysis of geological information, satellite mapping, geo-chemical readings, nearby well data and seismic studies - combined with the latest Direct Hydrocarbon Indicator tools - will enable PEG to more effectively hone in on the location of oil and gas deposits. PEG has designed a fine-tuned proprietary combination of exploration and testing methods to increase probabilities in detecting undiscovered hydrocarbons. |
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| Copyright
© 2006 Providence Energy Group | Houston,
Texas | Email:info@providenceenergygroup.com |
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