Incorporated in Nevada, Valor Energy Resource Corporation (currently Aquatic Cellulose International Corp. trading under ticker AQCI) is an energy resource development and production company. Valor is focused on xpanding production at its existing gas facilities and growing by acquiring new properties with high-quality reserves. TIGER•LYNK™, Valor Energy’s wholly owned subsidiary, offers a custom-line of large-scale hydraulic manipulators and vision enhancement systems designed for offshore drilling, underwater timber harvest, and other industrial marine applications.
To become a major contributor to the oil and gas production and oil and gas technology sectors. Valor's goal is to maximize shareholder value through profitable growth in our oil and gas reserves. This will be achieved through a balanced portfolio with a strategy comprised of the following elements:
With an existing production and reserve base, Valor Energy is positioned for continued growth through:
Valor Energy (AQCI.PK) was originally incorporated as Aquatic Cellulose Ltd. AQCI went public in 1996 as a research and development stage company focused on creating a commercially viable technology to harvest inundated timber. That same year, AQCI contracted to design and manufacture a hydraulic-based recovery system that could replace divers and enable large-scale operations. In 1999, AQCI introduced the Aquatic Timber Harvester (ATH-60) at the Company’s Tucurui Reservoir Project in Brazil. This first-of-its-kind machine proved successful in recovering inundated timber safely and efficiently at depths up to sixty feet and generated worldwide media interest in the technology and AQCI as a recognized industry pioneer. Valor Energy has a unique set of industry contacts and access to high-potential projects to compliment its current inventory. Advanced seismic technology and geological analysis in the hands of highly-skilled individuals enable the company to identify bypassed reserves in known producing fields for ultimate exploitation.
In 2003, AQCI began a major restructuring of its operations. New CEO, Sheridan Westgarde, has led the Company’s transformation to energy development and production. In 2004, AQCI acquired working interests in oil and gas producing properties in Texas. Since acquiring these interests, the Company has executed on an aggressive growth strategy that has resulted in record revenue with gas production exceeding 1,500 mcf per day.
In November, 2006, AQCI acquired TIGER•LYNK™ as a wholly owned subsidiary. The Company has completed construction on major components to the TIGER•LYNK™-120 with plans to enter the offshore drilling market, re-emerge in underwater timber recovery, and penetrate new markets with its powerful technology advantage.
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