Letter from the President

In 1978, I founded Okland Oil with a fundamental conviction in the enduring profitability of the oil and gas industry. Our company was built on a foundation of strategic discovery programs—carefully structured initiatives designed to deliver the most cost-efficient recovery of oil and gas resources. These programs are developed through rigorous internal research and executed by seasoned industry professionals with decades of combined experience.

Prior to establishing Okland, I witnessed firsthand the discipline and expertise required to successfully extract value from beneath the earth's surface. As a geologist, I have a profound respect for the complexities of exploration—where even the most promising geological indicators can sometimes lead to unexpected outcomes. I have observed promising discoveries remain undeveloped due to infrastructure constraints, and watched capital flow toward ventures lacking fundamental substance. These experiences shaped our commitment to operational excellence and financial prudence.

Throughout our decades of operation, Okland has been privileged to create meaningful opportunities that have enabled our team members to build careers, support families, and establish roots in the communities we serve. As we navigate an evolving energy landscape, our core principles remain unchanged: a dedication to independent discovery, disciplined financial management, and industry-leading cost efficiency in resource recovery.

The future of the oil and gas industry presents unprecedented opportunities, though many require collaborative approaches and strategic partnerships. Over the years, Okland Oil has had the privilege of partnering with numerous companies and individual investors who have participated in the success of hundreds of productive wells. These relationships represent our most valued asset and form the cornerstone of our continued success. We remain committed to cultivating new, enduring partnerships that will drive mutual growth and value creation for years to come.

Sincerely,

J. Steven Wetwiska, President