Welcome to Topaz Resources, Inc.
Topaz Resources, Inc. (OTCBB: TOPZ) is an independent oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas.
Our objectives are to increase shareholder value, to enhance cash flows and to grow our proven reserve values by building on our strengths and by pursuing a balanced strategy of:
- Remaining focused in our area of operation within north, central and west Texas where our management team has a competitive advantage;
- Driving growth through internally generated projects;
- Exploiting and drilling our existing core properties to maximize reserve growth;
- Strategic reserve and leasehold acquisitions to supplement cashflow and to complement our drill-bit growth strategy;
- Achieving operational control of our properties in order to manage our costs and development schedules; and
- Maintaining a conservative financial position to preserve our financial flexibility.
We believe our experienced management team represents a strength and advantage necessary to execute our strategy. Having successfully done so in the past, our team understands what it takes to build a resource company from the ground up.
Our immediate capital program includes aggressively drilling on our Barnett Shale acreage and the consolidation, acquisition and enhancement of targeted properties.