CGrowth Capital’s new oil and gas division, Powder River Resources, Inc., is an independent oil and gas exploration company that focuses on exploiting producing underdeveloped and low-risk oil and gas opportunities throughout North America.
Our primary focus is to consistently add reserves through the acquisition and joint venture of undervalued assets, by generating technically sound oil and gas prospects and incorporating scientific methods of identifying potential opportunities.
As a developer of oil and gas properties, our primary function is to bring together all of the elements required to make a project succeed. We identify the opportunity, invest in the evaluation, assemble the development team, raise the required financing, and manage its successful implementation.
Our strategy is to expand the Company’s reserve base and increase cash flow through investment in and management of exploration, acquisition and exploitation of existing oil and gas assets.
OUR CURRENT PROJECT – THE SALT CREEK WEST OIL FIELDS IN EXCESS OF 3,000 ACRES – IS LOCATED TO THE WEST OF, AND ADJACENT TO, THE GIANT SALT CREEK FIELD, THE LARGEST ACCUMULATION OF HYDROCARBONS DISCOVERED IN WYOMING.