Start Scientific, Inc. (STSC) Offers Unique Mix of
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Posted On: 01/13/2015 6:21:34 PM
Start Scientific, Inc. (STSC) Offers Unique Mix of Diversity and Operational Flexibility
Start Scientific, a Texas-based oil and gas development, exploration, drilling, and extraction company, offers uncommon diversity for a development stage company, something the company sees as important protection for investors. The company’s primary projects are in Mississippi, Texas, North Dakota, and West Virginia, an appreciable geographical spread. In addition, projects include shallow, deep, and horizontal drilling opportunities.
The company’s long-term focus is to grow existing oil and gas leasehold interests, and acquire new interests within the U.S., a stable and positive economic and political environment. And they also intend to acquire interests in older wells that offer the opportunity for increased production through the application of technology. Together with the extensive industry experience and contacts of its management team, Start Scientific considers itself well-positioned to explore low-risk properties with known oil deposits, develop production capabilities to cost effectively extract the oil, and to distribute the refined oil for sale in the open market.
Most recently, the company entered into a Farmout Agreement with BPS Operating Services in Jackson, Mississippi, through which Start Scientific plans, among other things, to re-enter and complete 33 old wells at the Flora Field in Madison County of Mississippi. The Flora Field is especially attractive at a time of lower oil prices since it is expected to allow exploration, drilling, and extraction at reasonable operational costs.
Besides Flora Field in Mississippi, Start Scientific has projects in Texas (Palacios Texas Field), North Dakota (Williston Basin), and West Virginia (Clay County), all with significant hydrocarbon prospects. It’s this carefully selected diversity, together with the management experience that allows them to approach oil and gas opportunities in a number of ways, that helps differentiate Start Scientific from so many other development stage oil companies.
For more information, visit www.startscientificoil.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
Start Scientific, a Texas-based oil and gas development, exploration, drilling, and extraction company, offers uncommon diversity for a development stage company, something the company sees as important protection for investors. The company’s primary projects are in Mississippi, Texas, North Dakota, and West Virginia, an appreciable geographical spread. In addition, projects include shallow, deep, and horizontal drilling opportunities.
The company’s long-term focus is to grow existing oil and gas leasehold interests, and acquire new interests within the U.S., a stable and positive economic and political environment. And they also intend to acquire interests in older wells that offer the opportunity for increased production through the application of technology. Together with the extensive industry experience and contacts of its management team, Start Scientific considers itself well-positioned to explore low-risk properties with known oil deposits, develop production capabilities to cost effectively extract the oil, and to distribute the refined oil for sale in the open market.
Most recently, the company entered into a Farmout Agreement with BPS Operating Services in Jackson, Mississippi, through which Start Scientific plans, among other things, to re-enter and complete 33 old wells at the Flora Field in Madison County of Mississippi. The Flora Field is especially attractive at a time of lower oil prices since it is expected to allow exploration, drilling, and extraction at reasonable operational costs.
Besides Flora Field in Mississippi, Start Scientific has projects in Texas (Palacios Texas Field), North Dakota (Williston Basin), and West Virginia (Clay County), all with significant hydrocarbon prospects. It’s this carefully selected diversity, together with the management experience that allows them to approach oil and gas opportunities in a number of ways, that helps differentiate Start Scientific from so many other development stage oil companies.
For more information, visit www.startscientificoil.com
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
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