Saga Energy Inc Stock

Saga Energy, Inc. is engaged in activities in the energy industry. The Company owns Gulf E&P LTD., which is engaged in offshore oil and gas exploration and production. Gulf E&P LTD. owns certain properties in the Gulf of Mexico and focuses on offshore production. The Company holds contractual rights for the use of up to 35 offshore gas wells and access to around 28 platforms, along with attached flowlines and pipelines in the Offshore Texas State waters, in the Gulf of Mexico. The Company focuses on acquiring offshore leases in the Texas waters of the Gulf of Mexico and produce from existing wells, using existing platforms and equipment. The Company focuses on producing hydrocarbons from its Texas state leases.