Exploration in California, Alberta Canada and Palawan Basin Philippines


The Sacramento Basin has significant development upside because underlying gas potential has been overlooked by operating companies which produce from the widely recognised existing shallow petroleum systems that have produced over 11 Trillion cubic feet (Tcf) gas.


Sacgasco has added to its arsenal of producing gas assets in the Sacramento Basin, onshore California after acquiring a 30% non-operated working interest in the 1000 barrels of oil per day (bopd) Red Earth asset, consisting of six oil fields and associated infrastructure in Alberta, Canada.


Sacgasco holds a 70% Working interest (WI) in oil and gas producing assets in offshore Palawan Island, Philippines covering 4 Service Contracts over 1,470,000 hectares including 6 oil discoveries.