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Lexaria Corp. is exploring for
and developing oil and natural gas assets
in low-risk areas of Canada and the United
States. In its first year of operations, Lexaria participated in drilling
wells in Mississippi, Oklahoma, and Alberta. Its current focus is oil
development and exploration in Mississippi and is producing both natural
gas and oil from various wells.
Our strategy embraces a steady results-driven
exploration and production agenda. To this
end, we first participated with smaller interests
which we subsequently expanded based on success.
So an initial 20% interest in a 10-well drilling program in Mississippi
has through acquisitions and negotiations, evolved into a 32% interest
in the original wells and now a 60% interest in exploration wells in
the surrounding areas.
Our appetite to assume greater project risk
has and will continue to grow as we have exploration
success. This is just one of the ways we employ
sensible risk management controls in an effort to preserve the capital
entrusted to us by our shareholders.
Our philosophy embraces risk mitigation:
Lexaria is not trying to "bet the company" on a single drill
program or a single property. Instead, we
take meaningful interests in properties generally
operated by local experts. If and when we have drilling success, we
attempt to gather even larger interests in follow-up exploration programs.
As well, because growing through the drill bit can introduce its own
risks, we are constantly reviewing additional opportunities for project
or corporate acquisitions.
Lexaria Corp. intends to become a growing
force in overlooked North American energy
opportunities and has already enjoyed demonstrable success with its
intelligent strategies.
See our Projects section for project details
You can download a comprehensive Powerpoint presentation of the Lexaria opportunity and our development plan. Three different files are available to choose from, depending on the depth of information you prefer.
Retail
Overview General overview for all audiences (8.3MB PDF file)
Technical Perspective A comprehensive
look designed for those who have a more
technical interest (5.5MB)
You can also download brief summaries of Lexaria's corporate profile and a review of the company's current oil and gas projects. Adobe Reader is required.
Lexaria
Profile (2.1MB PDF file)
Lexaria Current Projects (450K PDF file)
Lexaria
2009 Development Plan (17.6MB PDF file) |