North Petroleum Inc. (NPI) is part of a prospect generation team that targets wells that can be drilled within normal pressured reservoirs where significant reserves and high production rates have historically provided the best opportunity for rapid return of capital. It is important for us to be in areas with an adequate infrastructure in place and have access to knowledgeable vendors and drilling contractors who can provide turnkey drilling contracts at reasonable rates.
North’s strategy is to evaluate opportunities that meet this criteria along with a balanced approach to both risk and reward. An important component in our evaluation is the identification and mitigation of risk at every level while pursuing projects that make economic sense. For a listing of our current projects or large lease banking opportunities please use the contact form on this site.