United States Oil & Gas Corporation is a growing holding company for the Oil and Gas Industry. USOG has a business plan that includes the acquisition of targeted businesses from which to expand into the industry segments. To achieve this goal the company has a dedicated prospecting team of specialists that have been successfully providing acquisitions to public companies for over 7 years.
United States Oil & Gas Corporation Corporation’s immediate objective is to achieve optimum results for their shareholders by providing USOG's customers with the best operational value and service: acquiring Oil and Gas drilling businesses, hiring and developing the best-qualified people, utilizing a well-maintained equipment fleet and new technologies, emphasizing high expectations for performance and integrity, and upholding the highest safety standards.
Strategy for Growth
United States Oil & Gas Corporation’ strategy is a solid, highly focused plan that grows through the acquisition of existing businesses with strong revenues and market position and will continue to build on those company's strengths and makes it possible to meet the needs of shareholders, customers and employees.
United States Oil & Gas Corporation’ business strategy focuses on these core elements:
- Maintaining a fleet of premium land drilling rigs and associated equipment
- Targeting the best natural gas markets
- Employing skilled, highly experienced crews to operate in a safe, environmentally sound manner
- Equipment Markets and People
- Acquire Oil and Gas technology providers
Focusing on these core elements will make United States Oil & Gas Corporation a leader in the industry. Our strategy addresses the oil-and-gas industry's turbulent ups and downs while enhancing shareholder value and delivering the flexibility and services our customers demand.
Corporate Profile
The current management team is comprised of several members with strong financial backgrounds, coupled with past experience in sales and marketing. This management team is supported by experienced, skilled and dedicated personnel at all of our business units.
Adaptability is the essence of United States Oil & Gas Corporation while providing contract land drilling services to oil and gas companies in the United States. USOG has ambitious growth strategies that are based on the fundamental ability for the company to continue building strong partnerships between our people and our customers, setting new standards in safety and drilling, moving faster, operating smarter and consistently going beyond what is required.
In its formative stages, USOG is currently prospecting domestic Oil and gas drilling businesses, production business, petroleum technology providers, drilling technologies, fuel conversion technologies as well as oil and gas producing land owners. Future growth potential in all facets of our business and industry look very promising. We expect to see a very profitable future for all of their subsidiaries and they will continue to invest and reinvest profits into making our company recognized in the financial community.
USOG Strategy
Company strategy is to acquire or deploy proprietary technologies that will explore, extract the oil and gas trapped in the earth with small footprint, low capital cost and low operating cost technology platforms that can rapidly and economically be deployed to the site. Their value proposition is to explore, drill and produce oil and gas and valuable co-products less expensively than larger oil companies.
From an acquisition standpoint, we define our market as unlimited because we are looking to acquire oil and gas technology, drilling technology, and producing companies which would include oil and gas producing land owners and petrochemical management services with strong financial statements and solid management groups that are only restricted in terms of growth by either lack of funding or their own management knowledge and experience.
US Oil and Gas is to be a single source provider of complete equipment packages for oil and gas systems using the most advanced technology available. USOG will provide engineering assistance, assist customers with their specific needs, and provide complete equipment packages.
Acquisition Strategy
The Company’s market strategy is to capitalize on our expertise by positioning the Company to acquire well-run companies within a variety of oil and gas industry segments. We plan to leverage our expertise to acquire companies with product lines that compliment our production first and secondly acquire and develop the new emerging drilling and modeling technologies that will be the next stage of the American oil and gas industry.
United States Oil & Gas Corporation will oversee the acquisition of oil and gas drilling operations, transportation, petrochemical and drilling technologies and be proactive in securing its strategic market by prospecting and acquiring companies to complement the symbiotic nature of the parent company’s philosophy.
The Company expects to retain existing management of the acquired business units who are able to identify acquisition targets that fit within our area of expertise capitalizing on their local knowledge of competitors and operating climate, along with their loyal customer relationships. Existing suppliers, competitors or distributors are on management’s radar screen as potential targets. Once a target has been identified a proper valuation of the business is formed internally. The Company values the experience of the employees of the operations it plans to acquire and considers their expertise a strong competitive advantage.
By providing access to financial markets and expanded marketing opportunities, United States Oil & Gas Corporation becomes the facilitator for future growth and higher long-term profits. United States Oil & Gas Corporation success is simple. As the Company grows through sound acquisitions, the ability to effectively attract and redirect additional capital increases. Shareholder wealth is increased by finding undervalued companies with good management in a specific industry or market, acquiring that company at a reasonable price and then providing the means for future growth that would not have otherwise been possible.
In this process new synergies will develop between the various business units. While each business unit will have their own financial and business strengths, these synergies are expected to provide improved cost effectiveness and strategic gains. The ability to redirect capital to create a well-balanced conglomerate will ideally result in increased profitability and consistent results.
Technology
Technological innovation in the exploration and production sector has equipped the industry with the equipment and practices necessary to continually increase the production of natural gas to meet rising demand. These technologies serve to make the exploration and production of natural gas more efficient, safe, and environmentally friendly. Despite the fact that natural gas deposits are continually being found deeper in the ground, in remote, inhospitable areas that provide a challenging environment in which to produce natural gas, the exploration and production industry has not only kept up its production pace, but in fact has improved the general nature of its operations. Some highlights of technological development in the exploration and production sector include:
- 22,000 fewer wells are needed on an annual basis to develop the same amount of oil and gas reserves as were developed in 1985.
- Had technology remained constant since 1985, it would take two wells to produce the same amount of oil and natural gas as one 1985 well. However, advances in technology mean that one well today can produce two times as much as a single 1985 well.
- Drilling wastes have decreased by as much as 148 million barrels due to increased well productivity and fewer wells.
- The drilling footprint of well pads has decreased by as much as 70 percent due to advanced drilling technology, which is extremely useful for drilling in sensitive areas.
- By using modular drilling rigs and slimhole drilling, the size and weight of drilling rigs can be reduced by up to 75 percent over traditional drilling rigs, reducing their surface impact.
- Had technology, and thus drilling footprints, remained at 1985 levels, today's drilling footprints would take up an additional 17,000 acres of land.
- New exploration techniques and vibrational sources mean less reliance on explosives, reducing the impact of exploration on the environment.
