• We are an international oil and gas company duly organized and in good standing under the laws of the State of Florida, U.S.A.
• Headquartered in Dallas, Texas, U.S.A. and with regional operation offices in the Russian Federation, the Company is conceived to capture the business opportunities being created by the rapidly changing fuels and energy markets.
• Our initial focus is on crude oil and natural gas production in the Russian Federation and distribution to a global consumer base.
• The Company and inherent opportunities have been developed by the founders and management team with more than 75 years experience in the energy sector.
• Our aim is to grow into an integrated oil and gas company with worldwide operations in exploration, development, production, storage, transportation, marketing and distribution of crude oil, natural gas, fuels, other refined products and energy.
   

Differentiating Advantages

• Proven expertise with broad and deep operational experience in the areas of oil and gas exploration and production, and in related emerging technologies.
• Superior local knowledge and established working associations in the Russian business, petroleum, political and economic sectors.
• Exclusive arrangements with private and national oil and gas producing and service companies to use the locally existing sources and facilities for processing and transportation of crude oil and natural gas at cost-effective prices.
• Broad experience and established networks in international trading of conventional and renewable fuels.

Present Projects

• Through our majority-owned subsidiary, Karbon CJSC, organized on October 16, 2000 as a Closed Joint Stock Company under the Civil Code of the Russian Federation, we are engaged in the oil and gas business in Russia.
• We are producing oil and gas from the North-Kopanskoye Oilfield in the Volga-Urals region, and exploring and if warranted developing new commercial reserves of oil and gas.
• Our principal products are crude oil and natural gas that are marketed and sold primarily through third-party operators of the wells and a third-party marketing company.
• Presently oil is sold at the wellhead at field-posted prices and natural gas is burned or “flared” near wells.