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The new company, Petrichor Energy is an emerging oil and gas exploration company focused on sourcing and developing new oil and natural gas reserves in North and South America. The company expects to have its new website published on the Internet in the next few weeks.
Petrichor Energy has been developing its current properties, located in the southern United States, for the past three years. When oil and gas prices were low, the company aggressively bought participation in exploration and development fields located primarily in Mississippi.
The company is growing its operations by implementing two objectives. The first is exploiting the potential of its low risk Mississippi oil and gas fields. The second is to find new exciting exploration opportunities in both North and South America - and to develop them into commercially feasible operations.
By applying the latest geophysical and geological technologies when selectively drilling new wells, the company expects to increase its success ratio, as well as reduce the risk typically associated with oil and gas exploration.
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