
To achieve the Company’s objective to expand margins and recapture value on existing leases, ONE Energy established ONE Energy Operating Corp. The operating company is fully bonded and licensed with the Texas Railroad Commission.
ONE Energy continues to seek acquisition candidates where its operating
company can take over existing operations. As operator, the Company is
better able to control costs and implement revitalization programs which
correspond to the Company’s acquisition strategy.
ONE Energy is also offering a services package, including workovers and well stimulation expertise to international oil companies on a contract basis.