Osage Exploration and Development, Inc. (OTCQB: OEDV) is an oil and gas exploration company with operations in the mid-continent region of the United States. The company is currently developing three core projects targeting the Mississippian and Woodford formations.
The company's management sterly believes in austerity when it comes to its operations. They do not lease land without every intention to drill, and when they do drill it, their objective is to develop high value assets from low cost projects. They aim to create multi-year developmental drilling programs or exits on economically favorable terms.
When it comes to choosing drill sites, they seek newly established geological trends that have been overlooked or underestimated. The company aims to beat others to the best opportunities.
