- RSX Energy
Infobox_Company
company_name = RSX Energy Inc.
company_
company_type = Public
company_slogan =
foundation =Calgary ,Alberta
location =Calgary ,Alberta
key_people = Lee A. Baker,President , David H. England,Vice-President
revenue = )
industry = Oil and Gasoline
products =Oil &Gas exploration, production, andrefining
homepage = [http://www.rsxenergy.com/ www.rsxenergy.com]RSX Energy Inc. is an
oil andgas company which in January 2008 announced a deal that would see it taken over byTalisman Energy . RSX is based inCalgary ,Alberta and it is focused onexploration and development in WesternCanada .History
Formed in 1997 as a capital pool
corporation , the Company completed its qualifying transaction in November 2001, continuing under the name Royal Sovereign Exploration Inc. In 2002, the Company’s name was changed to RSX Energy Inc.On 18 January 2008 the company agreed a deal for Talisman Energy to buy the company for C$1.70/share in a deal worth C$106 m. [cite web | title = RSX ENERGY INC. ENTERS INTO PRE-ACQUISITION AGREEMENT WITH TALISMAN ENERGY INC. | url= http://www.rsxenergy.com/pdf/January%2018%202008%20-%20RSX%20Enters%20Into%20Pre-Acquisition%20Agreement%20with%20Talisman.pdf | publisher=RSX Energy | format = PDF | date=2008-01-18]
Profile
RSX Energy explores for and produces oil and gas. It has interests in wells in the Canadian provinces of Alberta and Saskatchewan, and its core drilling areas are Bezanson/Gold Creek, Willesden Green, and Randell. The group had net proved plus probable reserves of 2.7 billion barrels of oil equivalent (boe) and an average production of 768 boe per day in 2004. It also drilled 25 gross wells, which resulted in 15 oil wells, eight gas wells, and two dry holes, for a 90% drilling success. Its 2005 drilling program includes participation in another 32 gross wells.
Corporate governance
Current members of the
board of directors of RSX Energy Inc. are:Lee A. Baker ,James H. Coleman ,Ian M. Fergusson ,Michael L. Rose , andEdward G. Smith .ee also
*
Oil well
*Drilling
*List of oil-producing states Notes and references
External links
* [http://www.rsxenergy.com RSX Energy Inc. Official Homepage]
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