G2 Energy Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Slawomir Smulewicz
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 808 Nelson Street Vancouver BC Canada V6Z 2H2
- IPO Date
- Apr 16, 2018
- Website
- g2.energy
- Similar Companies
- Business
- G2 Energy Corp. is a junior oil and gas producer focused on acquiring and developing overlooked, low-risk, high-return opportunities in the oil and gas sector. The company owns and operates the Masten Unit in the Permian Basin, Texas, its first producing asset acquired in May 2022, which generates oil production and positive cash flow through enhanced oil recovery techniques. G2 targets onshore U.S. assets with strong operating netbacks, infrastructure, and potential for rapid production growth, emphasizing locations where oil has already been discovered such as the Permian Basin. G2 Energy Corp. offers production of crude oil and associated natural gas from its leaseholds; exploration and development drilling in mature fields; workover operations to optimize existing wells; and application of enhanced oil recovery methods including conversions from gas to oil production. The company serves markets in the upstream oil and gas industry, targeting investors seeking high-margin, cash-flow-positive assets with projected ROI in 12-24 months and margins exceeding 60 percent. Founded in 2014 and headquartered in Vancouver, British Columbia, Canada, G2 Energy Corp. primarily operates in Texas, United States, with strategic focus on the Permian Basin and emerging interests in Southeast Kansas. In December 2024, G2 signed a letter of intent with Global Oil & Gas Recovery Corp. to conduct due diligence on acquiring the Shiloh Oil & Gas Leasehold in Southeast Kansas, which features producing gas wells, two historical oil wells targeted for workovers, and prospective Squirrel and Bartlesville Sands with estimated reserves of 926,500 barrels of oil. The company also identified a portfolio of producing oil fields in the Permian Basin and announced a 10-for-1 share consolidation in December 2024; it operates under a management cease trade order while addressing filing delays and debts.
G2 Energy gives production update for April
G2 Energy Corp reports record production at Masten
G2 Energy Corp reports record production at Masten
G2 Energy appoints new chief financial officer
G2 Energy reports continued steady oil and gas production at Masten Unit in Texas' Permian Basin
G2 Energy “in a better position” after updated debenture and securing new loan
G2 Energy sees stable oil and gas production at Permian Basin Masten Unit in January
G2 Energy maintains stable oil and gas production in the Permian Basin despite winter chill
G2 Energy reveals boost in Masten Unit production
G2 Energy says Masten Unit hits record oil and gas production
G2 Energy appoints experienced oil and gas executive as VP of Business Development
G2 Energy appoints business executive Malcolm Burke to its board of directors
G2 Energy increases daily oil output by 49% as it brings three wells back into production
G2 Energy hires energy sector veteran Sean Marshall as VP operations
G2 Energy gains direct control over all revenues from Masten Unit
G2 Energy implements production enhancement program on core Texas asset
G2 Energy enters service agreement with Energy Back Office Solutions
G2 Energy closes second tranche of private placement
G2 Energy taps Oilwell Operators to be Operator on Record of Masten Unit in Texas
G2 Energy expects substantial production increase at Masten Unit in Texas as it takes control of operations