A leading independent energy producer
Monterey Oil & Gas Corporation was founded to aggregate and further develop oil and gas properties in Texas, the Williston Basin in North Dakota, and selectively in the San Joaquin Valley in California, with the singular objective, through our efforts and in partnership with others, of satisfying America’s increasing energy needs. We are focused on developing and delivering energy resources to U.S. consumers and industries from the markets in which we operate and in a way that will enable us to contribute meaningfully to a growing U.S. economy. We aim to produce the cleanest and most environmentally responsible energy products available anywhere.
Our company, and its employees, are committed to being good corporate citizens; we believe in giving back to our community. As a responsible business enterprise, we pride ourselves on being committed to the development and well-being of the communities in which we serve.
At Monterey, we are sensitive and caring about the environment, and work each day to ensure that we are doing all we can to produce oil and gas in a clean, safe, and environmentally responsible manner. We take pride in what we do at the drill site, and utilize state-of-the-art production processes, with the goal of minimizing environmental impact.
Texas, Williston Basin, Mid-Continent, U.S. Gulf Coast, California
Strategically, we are focused on acquiring and further developing legacy oil and gas assets in Texas, U.S. Rockies Region, including the Williston Basin, Mid-Continent, onshore U.S. Gulf Coast, and selectively in California. Through recompletions, new drilling programs, and the application of environmentally friendly and commercially proven technological processes, we identify, acquire, and further develop, both conventional and unconventional oil and gas properties that have material upside. Although we target assets that are predominately oil weighted, we will opportunistically pursue development of natural gas properties that can add substantial reserves and cash flow to our portfolio. Acquisitions are currently being pursued in all of our focus areas. Our goal is to grow our platform to a minimum 10,000 barrels of oil equivalent per day (“BOEPD”) current production within the next three years.