Detailed Description and Operations of Solimar Energy Limited (SGY) Company

'Solimar Energy Limited (SGY) - Financial and Strategic SWOT Analysis Review'   is an independent energy company based in Australia. The company was formerly known as Livingstone Petroleum Limited. It conducts acquisition, mineral exploration, development and production of oil and gas in onshore hydrocarbon regions. Currently, the company is working on onshore hydrocarbon exploration projects in Sacramento, Ventura and San Joaquin Basins in California, the US. Solimar Energy’s major projects are Southeast Last Hills (SELH), Maricopa, Silverthread, Kreyenhagen, Bayswater, Guijarral Hills, Jacalitos, Kettleman Middle Dome (KMD), Paloma, Tejon Footwall and Dreek Creek. It targets both conventional (sandstone) and unconventional (fractured oil shale) reservoirs. The company acquired a package of leases that covers approximately 4,500 acres of two produced oil fields in San Joaquin Basi, California. Solimar Energy is headquartered in Melbourne, Australia.

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