Houston, TX, November 13, 2009 --(PR.com
)-- WWXploration, an independent oil and gas company based in Houston, has launched an online resource center geared towards educating visitors about oil and gas investment.
Located at www.wwxploration.com, the website offers a video describing the truth about oil and gas, the latest energy commodity futures prices, links to a variety of useful financial and investment calculators, and a glossary of key energy terms.
According to WWXploration managing director Greg Freeman, the launch of the website was a natural step for the company.
“The bread and butter of any oil and gas company will always be its ability to locate reserves and efficiently extract them from the ground,” explained Freeman. “Now, with wwxploration.com, we have a way to communicate with our partners as well as educate individuals who are interested in learning more about energy investments.”
The information on the WWXploration website does not constitute explicit recommendations or solicitations for the buying or selling of any securities, nor does it provide investment advice or services. Rather, it is amalgamation of online resources in one place for those seeking more information about the topic.
At WWXploration, we only explore with the most modern and advanced technology available, including 3-D seismic and the highest standard of geological, geophysical, and reservoir engineering.
We will only explore where we have already proven our expertise, in areas such as the gulf coast, onshore and offshore. The reason for this is that we choose to drill where there are multiple proven sands and where the reservoirs can hold millions of barrels of oil, plus billions of cubic feet of gas. These projects have the ability to produce for a longevity of fifteen to twenty years per well drilled.
The projects we choose are generally more expensive than average, but have the ability to produce huge amounts of reserves. Therefore, there is not as much competition because of the cost associated with the projects, but the reserves justify the cost and time invested.