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About
The Company
Introduction:
Integrative Energy is a private North American Energy company based in Calgary, Alberta, Canada and the Woodlands, Texas, USA. Our Canadian company is a limited liability corporation organized under the laws of the Province of Alberta, Canada.
Our US subsidiary, Integrative Energy (U.S.A.), LLC, is a limited liability company organized under the laws of the State of Nevada. We are engaged in oil and gas exploration as well as other energy related technologies. Our principal place of business is located at 1824 Sawdust Road, Bldg. 2, Suite A, The Woodlands, Texas 77380. Our registered office is located at 101 Convention Center Drive, Suite 700, Las Vegas, Nevada 89109. Our main telephone number is (281) 465-0623.
Corporate Strategies:
Our stated strategies are to (i) pursue high-impact/high reward oil and gas plays and projects; (ii) utilize leading edge (LET), remote sensing and viewing technologies, in conjunction with traditional technologies, to help increase the probability of exploration success; (iii) build a community of significance both within and outside the organization through application of the Integrative ParadigmTM style of management and leadership at all levels of the Company; and (iv) share rewards with Company shareholders, unitholders, stakeholders, and with organizations that promote the spiritual and temporal welfare and raise conscious awareness of humanity.
IE's current financial strategy is to raise capital through direct industry or financial project participation; equity as common or preferred shares in Integrative Energy Ltd; common units in Integrative Energy USA LLC, or other kinds financing vehicles and structures; in order to fund the mineral lease acquisition program, technical evaluation, and drilling, completion and production of exploration and development wells in our areas of interest.
Our financing program calls for the raising of up to $200 million in capital, with a first Tranche of $80 million expected in 2008
Goals & Objectives:
IEL’s goal is to grow through internally generated and developed prospects as well as participation with industry partners in oil and gas exploration and development. IEL’s exploration and development strategy may be supplemented by production or property acquisitions, when considered prudent. IEL is operating in a highly prospective “focus area” in the Overthrust Regions of central Texas where recent technical studies indicate the presence of large potential reserves of oil and natural gas at three different depth intervals -- shallow (4-5,000 feet), intermediate (15-18,000 feet) and deep (20-25,000 feet). Since the Texas Overthrust Region is relatively undeveloped for oil and gas, there is very little to no competition, yielding low acreage acquisition and entry costs.
IE Prospects:
Integrative Energy is focusing on exploration and development of oil and natural gas in central Texas in the Ouachita Overthrust.
The Llano Uplift Exploration Venture (LUEV) consists of six (6) potential areas comprising an estimated 450,000 acres. Our first focus area is approximately 65,000 acres. Integrative Energy has 17,620 acres in this first focus area. Prospective multi-hydrocarbon bearing zones in Project 1 are anticipated shallow, intermediate and deep. Independent engineering and geologic Prospectivity evaluation from Netherland & Sewell shows unrisked shows a low of 2.5 million barrels; a mid of 6.6 million barrels; and a high of 17.7 million barrels recoverable on our lands, unrisked.
Leading Edge Technology:
Part of the Company's growth strategy involves the active use of modern exploration techniques developed and tested by petroleum industry professionals including members of our management team and/or their affiliates. These include the use of gravity and magnet surveys, 2D and 3D seismic, geochemical studies, magneto telluric surveys, field studies, among other traditional technologies.
Part of the Company’s growth strategy involves the active use of modern exploration techniques developed and tested by petroleum industry professionals including members of our management team and/or their affiliates. These include the use of gravity and magnetic surveys, 2D and 3D seismic, geochemical studies, magneto telluric, among other traditional technologies. The Company is evaluating the utility of other leading edge electro-magnetic tools that utilize remote sensing and viewing technologies that may help reduce the risk, and increase the probability of success, of conventional oil and gas exploration. Our intent is to continue to field test and implement this emerging family of Leading Edge Technologies (LET) as we pursue our strategies and objectives.
The Integrative Team:
The Integrative Energy Team is comprised of seasoned profession and industry Executives with over 200 years of collective experience in the energy sector. For more information on the IE Team, see the "The IEL Team" section of the website.
Integrative Energy Structure
Advantages of Corporate Structure:
Integrative Energy Ltd has an Exchangeable Unit Structure. Class A and B units of Integrative Energy (U.S.A.), LLC (“IE USA LLC”) are exchangeable 1 for 1 into common shares of the Canadian parent company, IEL. This is beneficial to the company because when IEL becomes a public company, Unitholders of IE USA LLC have a mechanism to provide liquidity and can choose when to trigger a tax event. This provides a opportunity for investors to decide which investment vehicle, IEL or IE USA LLC best fits their circumstances.
The structure provides US investors with a means to transfer beneficial ownership of existing Llano Uplift assets (or other assets) to Integrative Energy on a tax-deferred basis. It provides a tax-deferral vehicle to attract new complementary US operating assets to IE USA LLC. The benefit of this structure is that it creates a partnership tax structure of Integrative Exploration LLC and IE USA LLC that provides a means for US investors to access intangible drilling costs and other US business deductions that may be incurred. There is no corporate level US tax incurred by non-corporate unitholders.
Corporate Culture:
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Integrative Energy is applying an integrative business model within its personal, interpersonal and organizational relationships. Details can be found in the book, “Integrative Leadership: Building a foundation for personal, interpersonal and organizational success.” (2005); Hatala & Hatala; or visit www.integrativeleadership.ca .
The application of this model which focuses on four domains of intelligence (physical, mental, emotional, spiritual) has been incorporated into the bylaws and company structure as the 24% solution: |
- 6% of IEL’s before tax profit will be given to charities and support the communities in which we operate through the Integrative Energy Foundation (spiritual intelligence).
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6% of IEL’s before tax profit will be given to the staff, affiliates, and associates through the Integrative Energy People’s Fund, in a unique way as merit or reward increases. In addition, the People’s Fund will buy and sell shares from staff or investors on a minimum of an annual basis, providing liquidity (emotional intelligence).
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6% of IEL’s before tax profit will be allocated towards developing new remote sensing and viewing technologies, education, and in developing new energy technologies (mental intelligence).
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6% of IEL’s before tax profit will be given in the form of dividends to our shareholders (physical intelligence)
The remaining 76% of the before tax profit will be used for reinvestment in other energy opportunities to maintain growth.
Integrative Resources Ltd:
Integrative Resources Ltd (“IRL”) is the home of three different technologies: (1) Leading Edge Technologies (LET) that can provide for the direct detection of natural resources (crude oil, natural gas, fresh water, minerals) in subsurface formations. (2) New Energy Technologies (NET) that are beyond the alternative energies utilizing earth, wind, solar and water in accord with conventional physics, chemistry and biology. NET begins to harness the knowledge, innovation and invention of scores of scientists and inventors on a global basis. The search is for a paradigm shift from conventional to new physics that can provide relatively inexpensive energy to humankind. The NET includes investigation of cold fusion, zero point energy, magnetic motors and water as sources for fuelling the emerging socio-global economic system. (3) Inner Growth Technologies that explore, develop and release more of our innate human potential that will impact problem solving, decision making and planning within a business context. This work will be done in the Leadership & Learning Center through e-learning, home study, seminars, and up to a two year curriculum for engaging and developing our physical, mental, emotional and spiritual intelligences.
Our intent is to seed these developments from the first financing to develop prototypes, test technologies and implement the inner technology programs within all three facets of inner and external resources that is the intent and purpose of IRL.
A portion of the profits from IEL will be designated as research and development for these three focus areas.
Integrative Energy Vision Statement
Integrative Energy is a North American energy company that is based on several strategies:
1. Leadership Philosophy: To apply the integrative management and leadership model at all levels of the organization. The process of integration involves understanding universal principles, developing the ability to see multiple perspectives, four domains of intelligence (physical, mental, emotional, spiritual) and three levels of awareness (mechanistic, organic, wholistic) that help build, through our power of choice, a stable foundation for personal, interpersonal and organizational success. Within the company it is applied as the 24% solution: 6% of our before tax profits will be given back to the communities in which we work (IE Foundation); 6% will be given back to our staff, associates and affiliates (IE People's Fund). This will also be the source for buying and selling shares of our private company providing liquidity; 6% of the before tax profit will be given to research and development of new inner (Education) and outer (Scientific) technologies; and 6% will be given in the form of dividends to our shareholders and unitholders.
2. Opportunity: To pursue high impact oil and gas opportunities focusing initially on the Texas Overthrust Region. The natural resource potential of this region rivals the oil and gas reserves of the Middle East and will potentially, over the next decade, help move the United States towards domestic fossil fuel self sufficiency. In time, we will devote our profits to developing new energy resources beyond the old energy of oil, gas and coal and the alternative energies of sun, wind, land and water.
3. Technology: There are three levels of technology; leading edge detection, new energy technologies and inner growth technologies. The first is research and development of direct detection devices that can determine the natural resources (fresh water, minerals, oil & natural gas) in sub surface formations. The second level is to develop an inner growth technology through education (Integrative Energy University/Institute/Learning Center) that will allow members of our community to more readily connect with inner wisdom that would guide them in their problem solving, decision making and planning processes. The third level is to invest in New Energy Technologies that challenge the current mechanistic laws of physics and move towards the New Physics: such as zero point energy, magnetic motors, or water combustion.
These three strategies, we believe, will provide a high reward for our shareholders, unitholders, stakeholders (our community) and organizations that promote the spiritual and temporal welfare and increasing awareness of humanity.
Our mission is to build a living organization (organic) that is successfully working in the mechanistic paradigm, while guided by a wholistic intent. We intend to create a new form organization that works in harmony and cooperation with nature, the communities in which we live, and universal principles. Through our success, we will influence other organizations—that resonate or are attracted to the paradigm—to begin applying the model in their businesses as well.
The company will be composed of the integration of a Corporation, Foundation and Education. We see eight centers and regions of the world, helping to bring this model of living by the golden rule, to all parts of the globe; China, India, North America, South America, Africa, Europe, Austral-Asia and Canada.
For although the opportunities and technologies will change, the integrative philosophy and culture will endure and is our personal and corporate legacy.
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