New Concept Energy turned its focus to energy-resource development in 2003, and today it’s a fully integrated oil and gas producer.
Geographically, the company concentrates on North American oil and gas drilling and exploration projects, and more specifically on properties in the Appalachian and Utica Basins.
Even though the company is rather small, apparently New Concept Energy is on the lookout for new projects.
In particular, company is seeking projects with low to minimum risk (which is understandable), in the range of $10 million to $30 million.
These can be onshore and offshore projects “with current production or shut in wells.”
Geographically, the company concentrates on North American oil and gas drilling and exploration projects, and more specifically on properties in the Appalachian and Utica Basins.
Even though the company is rather small, apparently New Concept Energy is on the lookout for new projects.
In particular, company is seeking projects with low to minimum risk (which is understandable), in the range of $10 million to $30 million.
These can be onshore and offshore projects “with current production or shut in wells.”