The Company is an independent oil and natural gas company engaged in exploration, development and production activities in the Appalachian Basin, particularly in Morgan County, Kentucky and Wayne County, West Virginia.
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The Company presently operates oil and natural gas leaseholds in which it owns a majority of working interest (>75% net revenue) and also owns and operates a gas gathering system in Morgan County, Kentucky, which gathers natural gas from its wells.
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Natural Gas comes from the remains of tiny plants and animals that died between 10 and 600 million years ago. After the organisms died, they sank into the sand and mud at the bottom of the seas and oceans.
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