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Knight Energy Corp. (Knight) is a holding company that operates and develops energy related businesses and assets. In June of 2006 Knight acquired a 100% equity interest in Charles Hill Drilling, Inc., an independent oil and gas services company that owns an executed lease agreement among other assets in Stephens County, Texas. The lease agreement contains approximately 160 acres that include four producing natural gas wells. Stephens County has been a successful producer of oil and gas over the last fifty years.
Knight also purchased and is managing its own drilling rig that will be used to drill additional wells on the current leased property as well as other potential properties that Knight is reviewing for consideration. Knight is currently reviewing further acquisitions and investments in the oil and gas industry as well as other energy related businesses and assets.
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