Supernova Energy Inc. is a United States-based oil and gas production and exploration company with key holdings in Kansas and Kentucky. The Companyâs goal is to acquire economical leases in known oil and gas formations with low cost of recovery. The strategy, to avoid risk by using new technologies on shallow oil wells to increase production on existing oil producing leases. The targeted areas will remain economical even with the low oil price we have today. Supernova intends to engage in an aggressive plan to acquire leases at discount given the current lower price of oil per barrel. The Company believes there are many value driven acquisition opportunities available today. Supernova Energy Inc. holds various oil and gas leases in Kansas and one oil lease in Kentucky. The low cost of drilling is why we have focused our efforts in these two states. We have a great team of oil and gas professionals in each of these locations that will be integral to Supernovaâs success.
