PetroEdge Energy III is a growth oriented independent energy company engaged in the acquisition, exploitation and exploration of unconventional natural gas and crude oil properties. The Company's focus is an aggressive acquisition and development program focused on the lower Eagleford in Brazos and Burleson Counties, Texas and is developing an inventory of opportunities in the Cretaceous Shelf Margin. The Company has offices in Houston, Texas.
PetroEdge has chosen a primary focus on developing unconventional gas reserves, where management has significant technical expertise. In particular, the Company is focused on reserves that may otherwise be overlooked or underexploited by other companies for a variety of reasons, and where there is abundant opportunity to achieve attractive rates of return on invested capital. The Company believes that this focus will lead to the development of a large portfolio of assets with low average finding costs that will be highly attractive to a strategic acquirer or to the public markets.