Innocent, Inc. (INCT) Focusing on Powder River Basin for Strategic Growth
Innocent is a development stage oil and gas exploration and development company focused on properties in North America. The company aims to cut down on risk through development of proved petroleum reserves, and to maximize profits through strategic acquisitions and liquidation of select oil and gas properties. To that end, it is focusing on 100% acquisitions and joint ventures for maximized productivity. For its initial exploration efforts, Innocent has turned its focus to the sizable Powder River Basin of Wyoming. The area spans around 120 miles east-to-west and 200 miles north-to-south and has a strong reputation for its contributions to…