Radiant Oil and Gas, Inc., through its wholly-owned subsidiary, Jurasin Oil & Gas, Inc. (JOG), operates as an independent oil and gas exploration and production company. The company operates in the Gulf Coast region of the United States of America, specifically, onshore and the state waters of Louisiana, USA and the federal waters offshore Texas in the Gulf of Mexico. Amber Energy LLC (AE) The company owns a 51% membership interest in AE. AE has certain interests in two different project areas that are contiguous, the Ensminger Replacement Well Project and the Amber Project. Ensminger Replacement Well Project: The Ensminger Replacement Well Project covers 634 acres, in which AE holds a 12.5% working interest before pay out and a 15% working interest after pay out. Rampant Lion (RLE) The company owns 100% of RLE. RLE owns working and overriding royalty interests in a lease, comprising approximately 5,760 acres located in the federal waters offshore Texas. The Aquamarine Project is approximately 28 miles from shore and is located in 140’ of water. Aquamarine Project – Marg A Exclusive Area Marg A Exclusive includes 2,520 acres located in the federal waters offshore Texas, more specifically Mustang Island Block MU 758. Pursuant to the participation agreements with Challenger Minerals, Inc. and Medco Energi US, LLC, the company holds an 11.25% working interest upon the well’s first production, a 28.125% working interest after the well pays out, and a 21.325% working interest after the project pays out and assuming that Paragon Petroleum, Inc. elects to back-in for a 10% of 8/8ths working interest. Aquamarine Project – Marg A-5 Non-Exclusive Marg A-5 is located on Mustang Island Block MU 758 in the federal waters offshore Texas. The company holds a 100% working interest on 3,240 acres that make up the Aquamarine Project – Marg A-5. As 100% working interest owner, the company anticipates being the operator for this project. Ruby-Diamond-Coral Project There are 4 leases that comprise this prospect. The company has a 65% working interest in the Ruby-Diamond-Coral Project before pay out and a 56.25% working interest after pay out. The company intends to act as the operator of this project to drill and complete a well. Ruby-Diamond-Coral consists of 1,481 gross acres in shallow Louisiana state waters offshore St. Mary Parish. History Radiant Oil and Gas, Inc. was incorporated in 1990.
radiant oil & gas inc (ROGI:OTC US)
9700 Richmond Avenue
Houston, TX 77042
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