Midway’s experienced management team has a proven track record of aggressively growing oil and natural gas companies and creating value for shareholders. The Company is strategically focused on repeatable drilling opportunities for light oil in the Garrington and Swan Hills areas of Alberta.
Midway’s common shares trade on the Toronto Stock Exchange (TSX) under the symbol “MEL”.
Strategy
- Create a desirable, exploitation based company
- Focus on creating core areas with year-round access
- Create an asset base with repeatable drilling opportunities
- Shift production base to an oil focus
- Growth and upside via development drilling and “one-off” acquisitions:
- Incorporate multi-stage fracing technology to newly identified areas
- Maintain a strong balance sheet
- Maintain low G&A with experienced technical team and directors:
- Employees and directors have significant ownership
- Management has a history of accretive growth