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Innocent, Inc. (INCT) Uses Narrow, Clearly Focused Business Strategy For Strategic Growth Targeting

Jan. 28, 2014 5:39 PM ETPNEG
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Innocent is an emerging oil and gas exploration and production company based out of Florida. The company has been focusing on developing reserve properties in North America. For strategic growth targeting, it maintains a narrow, focused business strategy by targeting and developing proved petroleum reserves, concentrating on 100% acquisitions and strategic joint ventures for maximizing its production capacity. By targeting low-risk, high-potential reserve properties, Innocent cuts down on risk and the costs of time and money associated with it.

Spurring the company's efforts is an experienced leadership team, led by Mr. Wayne Doss, the company's CEO as well as one of its Directors. For over 25 years in public and private companies, Mr. Doss has held CEO and CFO capacities. Over the past 5 years, he has acted as a consultant to and served in various capacities with small public companies, assisting them with start-ups, interim officer positions, accounting issues, and regulatory filings. In a prior role, he served as CEO of Keller Industries for almost a decade, which is a $250,000,000 building products company with over 4,000 employees. Mr. Doss holds degrees in accounting and business management from the University of Maryland.

The other parts of Innocent's management team include talent in communications, c-level executive management across multiple industries, petroleum engineering, geology, drilling and production operations performance and management, and consulting across multiple industries. In sum, the executive management of Innocent has over 140 years of combined diverse, professional experience.

Innocent recently identified the Powder River Basin of Wyoming as one of its newest areas of focus; particularly, where the objective oil-bearing formations are less than 2,500 feet below the surface is the area of interest. Evergreen, which has over 150 years of experience in the oil and gas industry, will be the general manager of the exploration project.

For more information on Innocent, its management team, and its future objectives and plan for action, visit: innocentinc.com

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