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Gemini Corporation is a professional services firm that designs, builds and maintains energy and industrial facilities. We provide regulatory, environmental, engineering, fabrication, installation and maintenance solutions for clients through stand-alone or integrated service delivery models. Our design-build capabilities differentiate Gemini and provide tremendous value-added benefits for clients, such as cost certainty, schedule compression and one point of accountability. The Corporation`s principal target markets are midstream oil and gas, oil and gas production, in-situ heavy oil, and oil and gas processing across western Canada.
A Mims Talton company, an oil & gas optimization company that specializes in well-head compression. See our new line of FX Series units designed to meet all wellhead compression and vapor recovery applications. Our industry leading control panel, the Logix PLC, monitors all compressor functions giving our customers total control and increased production. All units include satellite telemetry and are available on our unique 30 day rental contracts. Flogistix offers no charge well analysis with economic justification in our Petroleum Engineering Department for our valued customers.
S J Kowalski Inc is a Zion Grove, PA-based company in the Energy and Utilities sector.
Terrace Energy Corp. is an oil & gas exploration and production company focused on onshore, US oil drilling opportunities. Our activities are currently focused on the prolific South Texas Cretaceous plays including the Olmos tight Sandstone, Buda Limestone and the Eagle Ford and Pearsall Shale plays. Our two major projects are the STS (Olmos) Project and the Maverick County (multi-formation) Project. The STS Project is in development with 8 wells on production from the Olmos Sandstone and an additional 152 identified locations. The Maverick County Project is in exploration with two Eagle Ford Shale producers and an on-going Pearsall Shale evaluation. Our smaller Cutlass (Eagle Ford) Project is in development with three wells on production. All of our projects contain multiple, repeatable drilling locations as well as additional target horizons slated for future evaluation. Additional projects are under evaluation in similar play areas in Texas.
Our purpose is to assist in fueling North America’s energy requirements guided by relentless focus on our six imperatives. Honesty, integrity and commitment are vital to driving our growth and success. We maintain a high standard of business practices which translate into unparalleled value for our shareholders. To achieve our mission, we will conduct our business with these six responsibilities in mind: obey the law, stimulate economic growth, be environmentally responsible, expand opportunities for our employees, respect our vendors, and reward our shareholders. To date, the main focus of the Company has been the acquisition of low cost assets with significant development potential. The Piqua project in Kansas had been lightly developed when acquired, and its low-cost drilling and solid financial return is providing a repeatable and low-risk facet of the Company’s growth strategy. Drilling to date has been 100% successful with an average 10 months to payout of drilling expenses incurred. Reserve valuations have increased from less than $1.0 million to almost $3.0 million in the two years the Company has owned the property. The Bakken lands in Divide County, North Dakota, carry a steep development cost with wells ranging from $6.0-$8.0 million each. As a result, Legend has monetized the acreage while retaining a royalty interest, which allows the Company to continue to participate in the revenue generated through the drill bit, without any additional cost incurred. The royalty continues on the land indefinitely. As drilling on the acreage is still some time away due to priorities of the majority owners, the conversion of our interest to a royalty for Legend is currently unpredictable. Legend will participate in the revenue stream when the wells get drilled. As a non-operator, Legend will utilize the expertise and logistical capabilities of larger companies, without encumbering its balance sheet with expensive rig contracts and extraneous expenses. Legend’s Canadian acquisition affords it the opportunity to enjoy a stable production base coupled with an abundance of undeveloped land with access to a number of low-risk oil development projects. Although the Company has sold a number of smaller production properties, it still maintains a high working interest and solid production and revenue on its remaining assets. Due to saturated drilling around the Company’s Swan Hills property, reserves were drained before Legend could drill a well there. The Company was however able to monetize the small land position for a value in excess of $200,000 per flowing barrel.