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I own a property in Alberta, Canada on which I will drill for oil and helium, the latter likely the richest helium source in the world.

  • Stage Not Set
  • Industry Industrial/Energy
  • Location Calgary, AB, Canada
  • Currency USD

Company Summary

The property is owned by my company, which is a clean shell. I have researched the geology thoroughly and propose to drill the well beside an older well. Then, because I'm 89 and frail, I will transfer the company with the well ready for production to the angel investor, keeping only a 5% overriding royalty. There is inherent risk; but I am a graduate of Caltech and have made notable discoveries in my 68 years in the oil and mining businesses.