"California’s fastest growing independent oil producer"
Salinas Energy – in brief
• SAE is now “Self Funding”
• California focussed oil ‘P & E’
company
• 1,100 barrels per day current
production
• US$20+ MM revenues forecast in ‘08
• 287,000 bbl oil production forecast ‘08
• Drilling 13 wells in 2008, mostly infield
development wells
• Operator
• Major land positions acquired
(~40,000 acres) in oil rich basins
• Developing shallow heavy oil fields
• Targeting light oil exploration
-experienced people in company - "Hundreds of years collective oil industry experience"
-use of new technology
abit about the excellence in oil & gas conference:
Held over two-days and focusing on the growing demand from investors to hear from the oil and gas companies about their current and future projects, Excellence in Oil and Gas is a must attend event. This conference will allow investors to make informed decisions on investing in this growth sector.
Excellence in Oil and Gas includes presentations from oil and gas companies as well as industry related topics; the industry exhibition and the annual legends in oil and gas awards. The conference is one of Australia’s best opportunities for the industry to showcase itself to a highly-receptive investment community.
* Showcasing Australasia’s huge potential in upstream Oil and Gas investment
* One of Australia’s best opportunities to showcase investor trends and opportunities in upstream Oil and Gas
* A ‘must attend’ event for investors and Oil and Gas industry leaders
* Ideal opportunity for investors to network with high-level industry leaders Includes the Oil and Gas Industry exhibition, National Oil and Gas Awards, Legends in Oil and Gas awards and gala dinner.
Go Salinas!
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