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Continental Energy Corp
Continental Energy Corporation (CELL: OTCQB) is an American-based oil and gas exploration and production (E&P) company, engaged in the acquisition, exploration, and development of oil and natural gas properties in Russia, Kazakhstan, and the United States. The company's principal activities include exploring for and developing oil and gas reserves, and the production and sale of oil, gas, and condensate.
Continental Energy Corporation was founded in 1981 and has its headquarters in Bentonville, Arkansas. The company's executive management team has extensive experience in the global E&P industry, with expertise in geology, engineering, finance, and operations.
The company's assets are primarily located in Russia and Kazakhstan, where it has interests in several license areas, including the Vostok Project in the Tomsk region of Russia, the South Zhambyl Block in southern Kazakhstan, and the North Block, also in Kazakhstan. These projects are in various stages of development, from exploration to production, and the company continues to evaluate new opportunities in these countries and the broader region.
Continental Energy Corporation's financial position and operational results have varied historically, with fluctuations in commodity prices impacting revenues, earnings, and cash flows. Despite some challenging market conditions, the company has been able to continue operations, with a focus on cost control, operational efficiencies, and exploration efforts to drive future growth.
It's important to note that Continental Energy Corp is a micro-cap stock listed on the OTCQB marketplace, and investing in such companies can carry higher risk compared to larger, more established companies due to factors such as limited financial resources, greater volatility, and lower liquidity. Interested investors should carefully review the company's financial statements, filings, and press releases before making any investment decisions. As stock trading experts, it is crucial to emphasize that investment in individual securities carries risk, and investors should diversify their investments and consider consulting a financial professional.