Underground Energy is focused on identifying, acquiring rights to, exploring for, developing and producing oil reserves from shale formations in North America using the latest exploration and recovery techniques and technologies.
Underground focuses on identifying and acquiring sizable land positions and prospects in historically prolific but under-explored shale formations as well as in emerging shale plays that, in both instances, hold large volumes of prospective resources. Underground is a California oil company and currently holds hydrocarbon rights on highly prospective lands in California and Nevada with an initial focus on the Monterey Shale in the Santa Maria Basin.