OTCBB LRDC: 0.04 (updated 6/23/2017, 11:01am)

UGD

Oil and Gas is a fragmented industry. Fragmentation fuels inefficiencies resulting in opportunities. We’ve formed a business based on the economics, that being the “economies of scale” where the enabling component solution is Hyper Down-Spacing™ facilitating accelerated incremental production.

UGD™ – Hyper Down-Spacing™

  • A combination of increased well spacing and Gravity Drainage via underground access
  • Uses traditional, proven underground machinery to drill upwards from beneath the target oil field
  • Use gravity to drain remaining mobile oil