Sacgasco Limited (ASX:SGC)

Company Overview

Sacgasco Limited is an Australia-based company primarily engaged in oil and gas exploration with associated natural gas flows as a by-product. The Company has a portfolio of conventional gas prospects in the Sacramento Basin. The projects located in the Sacramento Basin onshore northern California include Dempsey Area, Borba, Los Medanos, Malton, Dutch Slough Gas, Denverton Creek Gas, Rio Vista Gas and Alvares Projects. The Company has working interests in over eight gas fields in the Northern Sacramento Basin and is the operator of wells in over seven of its fields. The fields are Rancho-Capay, Rice Creek East, Malton, Dutch Slough, Denverton Creek, Los Medanos, Rio Vista and Willows. The Company holds a working interest in an oil producing asset, which is located in Northern Alberta, Canada. Its Red Earth asset consists of over six oilfields and associated infrastructure, which are located approximately 450 kilometers north of Edmonton.