Company Performance Metrics
StonePoint is a publically traded Calgary, Alberta based company engaged in the oil and gas exploration and development industry. The Common Shares are listed on the TSX Venture Exchange under the trading symbol "STO".
StonePoint’s Management Team has extensive experience in creating shareholder value through a focused business plan
and believes the current market environment provides an excellent opportunity to reposition the new Company as a high growth junior oil and gas company.
StonePoint will focus on assets in the Deep Basin and Peace River Arch (“PRA”) areas of Western Canada. Their Management Team’s experience and track record of creating value in these areas are suited to its strategy of acquiring under-developed and undercapitalized assets and maximizing their production and reserves value. We believe there are numerous producers looking to monetize non-core assets to redirect capital expenditures into single-zone resource plays. Their focus will be on acquiring and consolidating Deep Basin and PRA assets and developing these multi-zone stacked plays utilizing recent improvements in drilling and completions technology. In addition, we plan to enhance returns by optimizing production and reducing operating costs across all acquired assets.
