Bald Eagle Energy Inc. (BEEI.OB) is “One to Watch”
Source: http://Blog.QualityStocks.net/?p=13287Posted on Thursday, November 6th, 2008 | In Small & Micro Cap
Bald Eagle Energy Inc. is an oil and gas exploration company headquartered in Dallas, Texas. Their corporate mission is to be a partner in helping America work toward energy independence. The company is focusing their efforts on Alaska’s vast energy resources.
The company’s strategy for profitability is to reduce capital expenditures through a minimized team of experienced management, and to retain the consulting services of industry experts only when needed. They also utilize third-party drilling companies to limit investment in equipment and limit operating expenses.
Bald Eagle holds a 100% percent working interest in six separate leases in Alaska. The six leases total 18,418 acres. They are east of the Arctic Fortitude Unit and south of the Prudhoe Bay Unit, which has produced in excess of 10 billion barrels of oil from The Prudhoe Bay Field. This field is the largest oil field in North America. The company’s land position with these leases is within the range of the Trans-Alaska Pipeline and the Dalton Highway. Industry players such as BP, ExxonMobil, ConocoPhillips, Chevron and Anadarko surround the company’s interests in this region.
Even during challenging times, the world depends on oil & gas exploration and production companies to deliver millions of barrels of oil every day. Increased demand from emerging countries such as China further escalates competition for this precious resource. With today’s unreliable supply lines and unsympathetic suppliers, our nation needs secure domestic energy more than ever before.
Let us hear your thoughts: Bald Eagle Energy Inc. Message Board
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