Acquisition Oil Corp
Acquisition Oil Corp. is an Alberta focused growth-orientated light oil development and production company based in Calgary, Alberta
The Company and its financial Partner Prudential Insurance Company of America are developing a low decline light oil asset base to provide predictable and sustainable cash flow through full cycle development. This strategy is focused on the development of material carbonate reservoirs in north west Alberta where the Company maintains a significant operated mineral rights and infrastructure foot print. By operating over 90% of its production and mineral rights the Company can use its extensive experience in developing carbonate reservoirs to maintain a strategic advantage building an extensive developmental and exploration light oil drilling inventory while concurrently improving its producing recovery factors through the appropriate implementation of secondary recovery on its operated production base.
CEO Colin Witwer and the experience management team of Acquisition Oil Corp. are joined with a committed board of directors sharing a long term vison of organic growth.