Corporate Overview
SouthSea Corporation Pte.Ltd, is an oil and gas exploration
company, incorporated under the laws of the South East Asia . The company has in excess of $89,000,000.00 in Original Oil
in Place ( OOIP ) which represents all the liquid hydrocarbons contained in the reservoir. The Company's strategy will be
to increase both the companys' and its financial partners' reserves and cash flow through drilling, production, development,
exploration and exploitation of its existing properties. The Company will continue to conduct its drilling, production, acquisition,
development and exploration activities in areas in which it is experienced and knowledgeable in the particular geological
basins and use that experience and knowledge to create strategic alliances with qualified drillers and operators.
The Company emphasizes the use of 2-D and 3-D seismic, horizontal drilling
techniques and computer-aided exploration technology together with geological and engineering
studies of its proposed properties to evaluate and prioritize drilling prospects and production efforts. The Company will
focus production and drilling activities on its properties in a relatively concentrated area to permit the Company to utilize
its base of geological and engineering experience in the region and to maximize drilling success and to minimize development
costs. The Company plans to continue to selectively pursue acquisitions of working interests and operating rights in properties
that offer developmental potential as well as provide operating synergies with existing properties.