Emerging oil and gas company, Doral Energy Corp., has a strategy to generate both near-term increases in existing production and longer-term development of proven undeveloped reserves.
“Doral Energy Corp.’s strategy is to identify, acquire, and exploit smaller assets that don’t necessarily meet the metrics of our larger competitors,” says CEO E. Will Gray II. The company was created to fill a void in the Permian Basin of Texas and New Mexico on the micro-cap side. Doral officials seek new opportunities that they consider to be appropriate based on a risk-reward ratio.
“We don’t have a lot of competitors in the micro-cap arena who do what we do,” Grey says, “Doral has proven reserves and is in the oldest and most mature oil basin in the U.S. We have proved that we can continue to find undervalued assets.” To read the full article by William Atkinson, go to page 78 of the digital magazine.
Doral was recently featured alongside GMX Resources, Inc. (NASDAQ: GMXR), FX Energy, Inc. (NASDAQ:FWEN), EnerJex Resources (OTCBB:ENRJ) and Continental Resources, Inc. (NYSE:CLR) in the September 2009 issue of EQUITIES Magazine.
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Since 1951, EQUITIES has served both retail and institutional investors by examining industry trends, analyzing strategies and opportunities, and profiling financial leaders and emerging public companies. Its global audience increased dramatically after the launch of its European and digital versions, as well as its website, which provides free real-time market quotes and a free customizable, real-time portfolio-management interface. EQUITIES is also one of a select group of publications available on the Apple iPhone.
