Caddo and its founders have a solid track record of successfully implementing oil and gas exploration and development projects throughout the world, utilizing the latest in oil-field technologies. Examples include:

• Workover and production enhancement program, SE Breckenridge Unit Caddo Limestone waterflood, in Stevens County, Texas increasing oil recovery rates by 25%.
• Production optimization and commingling of 21 wells in the Moxa Arch deep high pressure gas field, Rock Springs, Wyoming for 20% production increase.
• Development drilling of 47 oil and gas wells in the Lybrook Gallup Field, San Juan Basin, New Mexico.
• Field Development planning, development drilling, and construction of oil gathering and treating facilities, Chernogorskoye Field, Tyumen Region Western Siberia.
• Exploration drilling and early production, Verbluzhye post-salt deposit, Astrakhan Region, Russia.
• Field development, drilling and completions in high pressure Achimov gas formation, Yamal Nenets, Russia.
• Executed $450 million in geological service contracts including 17,200 km of 2D seismic, 3,200 km2 of 3D seismic, and drilling of 53 wildcat wells in Khantymansisk, Western Siberia resulting in substantial discoveries.
• Implemented $12.5 million seismic program to discover 910 million bbl of 3P reserves in Western Siberia. Exploration drilling currently underway.
• Conducted operations review and developed operating plan for oil and gas producer in Papua New Guinea, including making organizational and performance management changes, to make it operate cost effectively in a low oil price environment.
• Developed a performance management system for production that compares a field’s or well’s daily production with its unrestricted potential, to be used a tool for analyzing variances and determining remedial actions.