PRD Energy Inc. is junior oil and gas company traded on the Toronto Venture exchange under the symbol "PRD.V". PRD Energy Inc. has shifted its focus into the international arena. We are of the belief that natural gas prices in North America will remain low for an extended period of time and with the Western Canadian basin being largely natural gas we determined our skills would better enhance shareholder value deployed internationally. We have done extensive research on a number of plays and basins and are confident that this strategy will bring great rewards to the PRD Energy shareholder.
PRD Energy’s senior management and directors are committed to the success of the company and own approximately 25% of the outstanding shares. We have created a culture where the management and directors are at risk to the outcome of the Company, thus aligning them with the shareholders.