ABOUT US PROPERTIES INVESTOR INFO NEWS CONTACT
  Corporate Highlights

Investment Highlights

  • Emerging oil and gas company with undervalued share price
  • Experienced management
  • Properties located in the oil and gas-rich state of Mississippi area
  • Employs latest geophysical and geological technologies
  • Focused on improving production / cash flow from wells
  • Drilling in highly prolific areas will continue to rapidly increase production
  • Increased production in the fourth quarter 06 by 20% to $7.5M annualized revenues
  • $37M spent acquiring / developing properties
  • Owns infrastructure valued at $20 million
  • Current production of 400+ barrels of oil equivalents / day
  • Short term goal to produce 1,000 barrels / day generating $16 million per annum
  • Extensive reserve studies by Fletcher Lewis of Oklahoma
  • Over 30 years of geological data and historical information
Future Revenue and Current Reserves
  • Potential future revenue is $978.9 million – based on constant prices and expenses, NPV 10*
  • Proven, probable and possible reserves of more than 34.6 million barrels of oil and 97.5 million MCF of gas
  • This data is based on Odyssey Petroleum’s published NI 51-101 produced by Fletcher Lewis Engineering Inc. and dated December 7, 2006
    *Net present value discounted at 10%
 
TOP

Branding and Website by Nextphase Strategy