Omega Commercial Finance Corp.

• Public
• US

Dow Jones Description

DOL Resources, Inc. ("Registrant" or "the company") was incorporated November 6,1973 under the laws of the State of Wyoming. The Company buys, leases and sells oil and gas properties. It also explores and develops these properties usually with others through joint ventures or farmouts. The economic success of Registrant depends on its ability to locate and purchase or lease valuable oil and gas prospects or mineral deposits. It must further sell or lease these deposits or prospects to others at a profit or develop the properties itself in conjunction with others. To accomplish these goals, Registrant will encounter competition from major oil companies and independent operators attempting to acquire prospective oil and gas leases and other mineral interests. These sources of competition maybe both large and small energy oriented companies operating in states in which Registrant does business. Some of these competitors are major oil and gas companies with substantial reserves and earnings records. Others are small independents with varying degrees of stability. Some not only produce oil and gas but refine and market petroleum products. Registrant may be in a position of competitive disadvantage with many of these companies in that they have a greater source of capital, technical and management talent, research facilities and sources of information.

Acting President

Contact Information

Peer Companies

• Linn Energy LLC
• EnCana Corp.
• Occidental Petroleum Corp.
• Enterprise Products Partners L.P.
• Anadarko Petroleum Corp.
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