The Company has been established as an oil & gas operator with one initial key asset currently at an early stage of development, and which may make complementary acquisitions of target companies, assets or businesses in the North American upstream petroleum sector – characterised by the process of acquiring de-risked proven undeveloped oil reserves and their extraction. The company's ethos is one of producing revenue from developing oil and gas reserves from proven structures, rather than engaging in the nature of pure exploration for those reserves.

The Company has already initiated its activities within this mandate by having acquired all the shares of Nobel Petroleum UK Limited whose wholly owned subsidiary company, the North American oil company, Nobel Petroleum USA, Inc., is the holder of a valuable proven petroleum asset situated onshore within the central zone of the City of Gonzales, Gonzales, Texas. The Company intends in the future to pursue what the Directors consider to be adequately proven, de-risked assets, capable of early production.