Manjit Singh Sahota
250 H Street Suite 379 Blaine, Washington 98230
Canco Energy Corp is a Delaware Corporation, involved in oil and gas exploration and recovery, from mature onshore and offshore Canadian and U.S. oil fields. The Company purchases mineral leases, explores, develops, produces, and sells crude oil and natural gas. Canco Energy focuses on undervalued properties with high recovery potential for oil and gas, and specializes in continuing the operations of current producing oil and gas properties. It brings together qualified investors seeking high yield income with excellent tax benefits through lucrative investments in natural gas and oil development. Canco owns and operates over 100 wells in USA and holds about 20,000 acres in oil and gas leases.
At Canco Energy we believe we are in the right business at the right time. There is not only an economic push to get more oil reserves into production within Canada and the United States, there is also a societal push to reduce our reliance on foreign oil interests. As Canada and the United States emerge from the most recent economic crisis it would appear that being in the oil and gas business may prove to be very lucrative.
Experienced Management Team
Canco Energy Corp. management team has diversified experience in business which is of high value to the company. Canco has highly experienced oil and gas scientists. We have consultant managers who have worked with Fortune 500 companies and established international companies.
Well Positioned for Growth
Based on existing acreage, Canco has identified approximately 130 drilling locations that Canco believes are either PUD or probable reserves. Canco has identified additional acquisition targets to be pursued once its initial drilling and development plan has been executed. Canco is in process of drilling 8 wells in Manitoba and 3 wells in Alberta.