"It means making tough decisions about opening new offshore areas for oil and gas development. It means continued investment in advanced biofuels and clean coal technologies. And yes, it means passing a comprehensive energy and climate bill with incentives that will finally make clean energy the profitable kind of energy in America."
SOURCE: President Obama's 2010 State of the Union Address
Oil Gas Properties - Texas
Nine gas oil properties situated in the Southeast Texas
Consistently profitable with strong historical and current cash flows
Estimated shareholder value of $30,000,000 in active reserves; and $145,000,000 in untapped reserves of current properties
Anticipated Closing: February 15, 2010
Acquisitions Under Consideration
Power Co-Generation Technologies
Technology and Related Systems for Emissions Control of Oil Field Burn Off
Hybrid Energy Holdings (HEH) acquires and operates profitable energy companies with strong historical cash-flow and sustainable profitability. HEH may acquire promising nascent energy technology or technology rights as portfolio enhancing assets. HEH's acquisitions are focused primarily on traditional and proven fuel production and the latest in energy conservation and power co-generation technologies. HEH's fuel production acquisitions provide expertise in the recovery of oil and gas reserves in both mature and marginal fields. The company's operational teams deliver production improvements and developmental and low risk exploration as part of its acquisition strategy for it fuel producing subsidiaries. HEH's primary business strategy is the acquisition of diverse, profitable energy related assets that provide synergistic profits and revenue enhancements across all portfolio companies.