He reveals significant milestones since he became CEO just over a year ago in addition to some exciting updates.
For an exclusive inside look at UNRG’s CEO’s strategy and insights, check out his video interview. He reveals significant milestones since he became CEO just over a year ago in addition to some exciting updates. With UNRG’s competencies and resources, the Company is perfectly positioned in today's market.
https://www.youtube.com/watch?v=g7Q1dPNTrdI
Major accomplishments Since January 2021
Growth Strategy: Funding, Acquisitions, and Development
- Raised approximately $2 million.
- Purchase of 7 oil and gas leases in Oklahoma and 200 non-producing wells.
- Purchased Oil Shale Processing License of PulseWave Technology and exclusive rights to process oil shale materials and Sub-License the oil shale processing rights.
- Purchase of 73 oil and gas wells on approximately 10,000 acres and 100% ownership of Cotton Valley Oil and Gas, LLC which includes other assets of oil and gas leases, wells, equipment, and contracts in the Cherokee Basin in Oklahoma.
- Purchase of 100% ownership of Entransco Energy, LLC and all its assets.
- Exercised Option to acquire the Master World-Wide Oil Shale License, giving the ability to sub-license the technology to other oil shale mining companies globally. This technology removes and liberates the desirable organic material, called kerogen, from the raw oil shale.
- A pending purchase of 140-mile pipeline which includes more than 5,000 of oil and gas leasehold with 89 wells.
- A pending purchase of Gateway Resources USA, Inc. with its approximately 2,200 wells on about 200,000 acres including pipelines and transmissions lines.
- A purchase of 12% interest in Integrity Terminals, LLC.
- UNRG’s Development Stage implemented with a B Round of financing. The capital will scale and develop acreage from acquisitions in 2021 and will include activating leases, turning on wells, and drilling new wells.
- Anticipation of filing to become a fully-reporting SEC company on a major exchange in the future.