Twoco Petroleums Ltd. is a Calgary based oil and gas company engaged in the exploration for, and acquisition, development and production of, oil and natural gas reserves primarily in the Province of Alberta. Twoco Petroleums Ltd. trades on the TSX Venture Exchange under the symbol TWO.
in the field producing
The business plan of the Corporation is to create sustainable and profitable per share growth in the oil and natural gas industry in western Canada. To accomplish this, Twoco will continue to pursue an integrated growth strategy including development and exploration drilling, acquisitions and the creation of joint ventures.
To date, the Corporation has achieved substantially all revenue and production growth via drilling success on exploration plays generated in-house. Generally, it is management’s philosophy to not attempt to acquire mineral rights in any prospect that Twoco is not prepared to drill itself.
Growth & Exploration
Natural Gas Focus; Recent shift to oil with significant exposure in new oil prospect.
Target Reserve Additions through internally generated prospects at < $15.00/BOE.
Retain Operatorship and maintain significant Working Interests.
Participate in acquisitions where significant upside exists.
Drill for multiple zones in areas of expertise.
Manage participation levels and capital exposure
(< $300,000 dry hole cost/well).
Short term tie-ins with payout's < 2 years in areas with year round access.
The business plan of the Corporation is to create sustainable and profitable per share growth in the oil and natural gas industry in western Canada. To accomplish this, Twoco will continue to pursue an integrated growth strategy including development and exploration drilling, acquisitions and the creation of joint ventures.
To date, the Corporation has achieved substantially all revenue and production growth via drilling success on exploration plays generated in-house. Generally, it is management’s philosophy to not attempt to acquire mineral rights in any prospect that Twoco is not prepared to drill itself.