Tristar Oil & Gas

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Tristar Oil & Gas Ltd
Type Public company
Founded Listed on the TSX August 7th, 2007
Headquarters Calgary, Alberta, Canada
Key people Brett Hermann, President & CEO
Paul Colborne, Chairman of the Board
Industry basic materials / oil and gas exploration
Products crude oil, natural gas
Revenue $198 million [Cdn] - (September 30, 2007)
Employees N/A
Website Tristar Oil & Gas

TriStar Oil & Gas Ltd (TSXTOG) engages in the exploration, acquisition, development and production of oil and natural gas reserves, primarily in the provinces of Alberta, Saskatchewan and Manitoba. Tristar's growth plan is through the drill bit, as well as through strategic aquistions such as the merger with Real Resources Inc (completed in August 16th of 2007). This merger set the stages for a series of acquisitions in the following months.

[edit] Assets & Holdings

Tristar's properties are primarily in SE Saskatchewan, central Alberta, west-central Alberta, and southern Alberta. Southeastern Saskatchewan assets are focused primarily on crude oil from the Fertile Pool as well as the Bakken Formation.

After closing the purchases of 2 private companies (Arista Energy Limited & Kinwest Corporation) on January 18th 2008 as well as the anticipated closing of the acquisition of Bulldog Resources Inc, Tristar epects to exit the 2008 year with production > 21,750 boe/day (> 75% light crude oil). As well as having reserves in excess of 63 Million Barrels of Oil Equivalent (mmboe) proven plus possible, with a Reserve Life Index (RLI) of over 8.5 years.

[edit] Corporate Governance

Current members of the board of directors are:

  • Paul Colborne - Chairman of the Board
  • James Bertram
  • Fred Coles
  • Dallas L. Droppo, Q.C.
  • Richard N. Edgar, P.Geol.
  • Brett Herman, CA - President and Chief Executive Officer
  • Martin Hislop
  • Robert B. Michaleski, CA
  • Jim Pasieka
  • Robert G. Peters

The dirctors have a track record of maximizing company growth & shareholder value.

[edit] External Links & Reference

Tristar Oil & Gas