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Company Overview

Americo Oil Company is a North American focused exploration and production company whose core purpose is to create shareholder value through the capture, evaluation, exploration, appraisal and development of onshore hydrocarbon resources and the application of conventional technologies to underexplored proven hydrocarbon systems. Our objective is to transform the business through the application of proven technology and management focus.

Our Strategy
Americo's focus remains on North America and now in the re-emerging Central Europe, one of the oldest and most prolific oil provinces in the world. Almost untouched by the technology of the last thirty years developed elsewhere, new and potentially large reserves can be expected to be found within countries which lie in the EU with its stability of title, its close access to markets and its attractive fiscal terms for production.

Delivering On Our Strategy
Americo has developed a balance of projects extending from oil and gas production in the UK and central Europe, the appraisal/development of the significant tight gas accumulation in onshore Europe and important exploration projects in all its areas. The year 2008 saw developments mainly in the North American Continent- North Dakota and the Midwest. The former is still with processing but the new data over Bakken Shale has substantially increased the geographical size of the structure and therefore the amount of oil/gas that can ultimately be produced.

 

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