Wall Street Journal, Friday, 16 July 2010, p.C10. Read Full ArticleOver the last 10 years, the share prices of the those companies, which pioneered wringing “value from older fields”, have outperformed the major oil companies on average by 500%.
Westmont Resources Inc is an independent oil and gas exploration and development company focused on “wringing value from” long-lived, low risk natural gas and oil properties. Our current operations are centered on taking existing properties from others and creating more value from them for our shareholders. We specialize in applying cutting-edge technology to squeeze more oil out of mature basins. Its our core competence. Currently we are focusing our efforts on the emerging Marcellus and Chattanooga Shale Play in the Appalachian Basin and in the vicinity of other major oil company discovery wells. Read More