US Oil and 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 we have a dedicated prospecting team of specialists that have been successfully providing acquisitions to public companies for over 7 years.
US Oil and Gas Corporation’s immediate objective is to achieve optimum results for our shareholders by providing our 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
US Oil and Gas’ 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. US Oil and Gas’ 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 US Oil and Gas 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
Our 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 US Oil and Gas 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 our subsidiaries and we will continue to invest and reinvest profits into making our company recognized in the financial community.
USOG Strategy Our 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. Our 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 will 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.
US Oil and Gas Corporation
- Will acquire existing companies that produce oil and gas revenues
- Will acquire existing oil and gas drilling and technology companies
- Produce innovative drilling technology and services
- Utilize state-of-the-art technology to develop innovative revenue streams, and build for the long-term versus lowest cost components.
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.
US O&G 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.
US Oil and Gas
By providing access to financial markets and expanded marketing opportunities, US Oil and Gas becomes the facilitator for future growth and higher long-term profits. US Oil and Gas 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 the process, new synergies will develop between the various business units. While each business unit will have their own individual financial and business strengths, these synergies when coordinated effectively, will allow for greater cost effectiveness and strategic gains overall. The ability to redirect capital to create a well-balanced conglomerate results in increased profitability and consistency of results in any economic climate.
The management has set the revenue targets for US Oil and Gas to be over $50 million within a fiscal year after the date of this plan. |