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PetroHunter Energy Corporation is a global oil and
gas exploration and production company that is committed to acquiring
and developing primarily unconventional oil and natural gas prospects
that it believes have a very high probability of economic success.
PetroHunter's shares
trade in the United States under symbol PHUN on
the Over-the-Counter Bulletin Board.
PetroHunter’s business model targets high quality,
predominantly low risk, niche-oriented exploitation projects, with
an emphasis on unconventional oil and gas prospects, many of which
have been previously explored and identified, but for economic
or other reasons were abandoned or shut in. PetroHunter seeks to
identify and participate in projects that are either contiguous
to areas with current or prior production history, contain acreage
with successful test wells, or have 2-D and/or 3-D seismic data
that its consultant team of petroleum geologists believes present
strong evidence of significant quantities of potential resources
underlying the property.
PetroHunter Energy Corporation, through the operations
of its wholly-owned subsidiaries, PetroHunter Operating Company,
and Sweetpea Corporation Pty Ltd, is a global oil and gas exploration
and production company with primary assets consisting of various
oil and gas leases and related interests in oil and natural gas
properties, including approximately 20,000 net mineral acres in
Colorado and an undivided 50 percent working interest in four exploration
permits comprising approximately 7,000,000 acres in Australia.
Following thorough due diligence by its management
team and its team of highly qualified, long established
petroleum geologists and minerals appraisers, PetroHunter Energy
will participate in the acquisition, exploration and development
of low to moderate risk, high reward oil and gas energy prospects
globally, and in doing so will endeavor to create significant
shareholder value for its investors. ---- |
