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Palo’s current business plan calls for a continued focused evaluation of its’ current areas of activity while aggressively looking for new areas in the U.S. where it can utilize its knowledge and expertise to develop potential unconventional shale plays and shallow oil plays to ultimately create value for the company and its partners.  Palo’s strategy is to drill and develop resource plays in areas of known production and blanket deposits, thereby reducing geological risk.  In addition to evaluating potential in-fill locations on lands we currently hold under lease, Palo is also actively evaluating potential prospects brought to us from outside sources.  Our most current and active projects include the following:

Permian Basin Wolfcamp Development
Permian Basin, West Texas
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