The Company maintains projects totaling more than 20,000 acres including mineral properties situated in Northern California and the Texas Gulf Coast exploration regions. With the use of modern 3D seismic techniques, including direct detection of Natural Gas reservoirs by seismic, Crest maintains its proven track record and high drilling success rates. The Company s main office is located in Houston, Texas with satellite offices in San Francisco, California and New Orleans, Louisiana. Public utilities, Governmental agencies and large industrial companies are using ever-increasing amounts of Natural Gas for generation of electricity and as a viable fuel alternative for automobiles and mass transit to serve the rapidly growing needs of our country.
Supply is ever-diminishing.
Natural Gas offers increased energy independence from the OPEC oil cartels. The industry consensus is that demand for Natural Gas is projected to steadily rise through 2020 as Natural Gas becomes the replacement fuel for oil, coal and nuclear and as pipeline infrastructures expand and increase transport efficiency. Crest is positioning itself for rapid company growth over the next five years by acquiring additional 3D seismic natural gas exploration properties for drilling and production in recognition of the historically unique investment opportunity that Natural Gas offers today.