Action Energy Company Description
Exploration and production independent Action Energy (formerly High Plains Energy) knows where the energy action is -- drilling for natural gas. The company primarily explores oil and gas in Alberta. In 2005 the company acquired Powermax Energy, which had properties in the Galahad/Red Willow area of Alberta. It also has operations in Lloydminster and Eagle Butte areas. In 2006 the company acquired oil and gas explorer Action Energy in a reverse takeover. In 2007 Action Energy acquired Rolling Thunder Exploration. Post acquisition, the company reported proved plus probable reserves of more than 9.6 million barrels of oil equivalent. In 2008 it acquired access to more than 10,000 acres in Saskatchewan.
View the Comprehensive Company Description for Action Energy
The Company Description provides a historical perspective of Action Energy's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Action Energy's evolution in the marketplace.
