Lexaria Corp. is actively exploring for oil and natural gas in low-risk areas of Canada and the United States. In its first year of operations, Lexaria has particpated in drilling wells in Mississippi, Oklahoma, and Alberta 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 particpated with a 20% interest in a planned 10-well drilling program in Mississippi. We subsequently increased our interest in these 10 wells to 12 wells, and their development prospects to 30%. Based on good results we expanded our interest in future drilling programs in the same area of Mississippi, to 40% of the next 7 wells drilled (drilling completed by May, 2007) and now control 50% of this remaining 43-wells in this total 50-well program. 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 (5.8MB)

Finance Version Aimed at providing a better
understanding of financial trends in the
industry( 4.3MB)

Technical Perspective A comprehensive
look designed for those who have a more
technical interest (12.4MB)

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 (1MB PDF file)

Lexaria Current Projects (450K PDF file)