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Megalodon Energy North Corp. (Megalodon North) is a tightly held private company focused on the acquisition, development and production of oil & gas properties with a strategy of aggressive growth built on a solid foundation of base cash flow.
We see value that others overlook.
Megalodon North is a private energy company that targets high-return oil and gas projects in the Western Canada Sedimentary Basin. Our ability to generate wealth with both operational efficiency and the drill bit, combined with a portfolio of low-decline high-netback assets, provides tremendous opportunity for growth built on a stable foundation of cash flow. We are a nimble team of dedicated professionals with a long track record of success, supportive financing and an adaptive operating structure to weather an ever-changing landscape.
We have boots on the ground.
Megalodon North is actively developing and operating light oil, gas, and heavy oil assets in Alberta. Our ‘lean and mean management team’ has extensive oilfield executive leadership, operational experience and technical skills to engage in all aspects of oil and gas exploration, development and production. We manage all facets of our upstream operation from inception to sales to allow us to properly control all stages of the value creation process and safeguard our interests.
Our low-decline EOR light oil water floods are connected via pipeline networks for efficient operation and predictable results. Our associated solution gas and connected gas wells yield significant additional returns and allow us to grow organically within cash flow. We have a continued focus on growth fueled by an inventory of near-term step-out drilling locations on lands we already own, with a pipeline of medium to long-term growth projects on the horizon.
We maximize the value of our product.
The World thrives on energy and Megalodon is well positioned to supply the market with ethically and safely produced oil and gas from well-regulated jurisdictions. Our Canadian assets currently produce high-netback light oil that sells close to WTI on monthly index pricing. Megalodon North works closely with a partner trucking company and a marketing group to reduce transportation costs while maximizing our value from various sales terminals. We are entering stable long-term supply contracts to sell our otherwise stranded gas to crypto-generation groups.
Our sister company, Megalodon Energy USA Corp., is focused on tremendous growth projects in Wyoming that complement our Canadian operations and provide a natural market hedge. You can find more information here: (www.megalodonusa.com)
Megalodon is a core team of highly skilled and disciplined oil & gas professionals striving to generate high quality returns for investors. Our strong work ethic and diverse operational experience allows us to build upon our track record of success in the execution of numerous large-scale E&P projects.