The Company views countries of the former Soviet Union as high-return investment opportunities where private capital can tap into relatively large reserve plays that are generally not available in other parts of the world. Caddo has extensive experience in the region and brings a unique combination of Western and local expertise, a factor critical for success. To date, Caddo has been active in Russia and Turkmenistan, and believes Kazakhstan and Ukraine may also present compelling investment opportunities.

In the United States, Caddo is participating in drilling a series of exploration wells in Coyrell County, Texas.

The company is privately held and does not disclose financial or shareholder information.