Russell Oil, Inc

Russell Oil, Inc. was incorporated January 1987 in Russell, Kansas as an operating company whose purpose was to assume operations of a group of oil and gas properties acquired by the company founders from Pioneer Operations Co, Inc.From inception the focus of operations for Russell Oil, Inc. has been in the relatively shallow and profitable Mid-Continent region of the United States. Licensed to operate in Kansas and Oklahoma, the drilling and exploration activities have been focused in western Kansas. Through close association with highly reputable partners, Russell Oil, Inc. investors have joint ventured in significant Oklahoma oil and gas developments.Russell Oil, Inc. is proud to be one of the small, independent producers that are the backbone of both the Mid-Continent and U.S. domestic energy industry. Our small size and streamlined organizational structure have allowed us to capitalize on unique opportunities to expand and develop our Kansas investments.Corporate offices are headquartered in Oklahoma City, Oklahoma, with a field office and equipment yards operated in Russell, Kansas.Many small, independent oil companies tend to focus on conservative development drilling and acquisitions. Russell Oil, Inc. has maintained a bias towards more aggressive exploration and development opportunities. A significant number of the wells drilled by the company would be classified as “wildcat” wells. Our philosophy being that wildcat wells will offer the higher potential returns, greater opportunities to find significant new reserves, and greater growth potential in exchange for the willingness to assume greater risk.Russell Oil, Inc. utilizes a network of longstanding relationships with highly accomplished geological and geophysical professionals, in our exploration efforts. One of the primary tools utilized in our exploration prospect development is 3-D seismic evaluation. Through a combination of 3-D technology, computer and manual geological subsurface mapping, and other techniques we have been able to maintain a high success ratio for exploration prospects.