I am pleased to introduce our oil and gas operating team and capabilities. Surge Energy was formed in 2015 and is a U.S. Subsidiary of Shandong Xinchao Energy Corporation Limited (formerly Yantai Xinchao Industry Co. Ltd) based in China with a strategy to make significant oil and gas acquisitions in the U.S. and Canada. The Surge Energy America organization was formed to provide strong oil industry technical, operating, and business capabilities for these acquisitions as well as future assets. Currently, we operate in two oil fields in the United States’ prolific Permian Oil Basin in the state of Texas.
To ensure we have the talents to operate in this very active basin, we employ a full suite of oil industry skills and experiences in the technical, business, and operations areas. We have assembled a deeply committed team with many decades of collective industry experience in geoscience, reservoir engineering, production engineering, drilling engineering, completions engineering, supply chain management, drilling and production operations, commercial marketing, accounting, finance, banking, risk management, petroleum land management, legal, information technology, human resources, business management, health, safety and environmental practices. This highly experienced team is led by a seasoned Executive Management team with strong industry knowledge and broad business management backgrounds. Each of our Executives have international industry experience as well as deep U.S. domestic knowledge. We are committed to delivering high performance through safe and environmentally conscious work practices. I am extremely proud of the Surge Energy Team. As we build Surge into one of the premier operators in the United States, we look forward to a continued strong relationship with our Chinese parent company. We are highly committed to delivering outstanding financial and operating results to our investors and stakeholders.