GBR
- New Concept Energy, Inc.
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Overview
Company Summary
New Concept Energy, Inc., commonly known as GBR, is an energy company primarily focused on the exploration and production of oil and gas. The company operates primarily in the United States through its subsidiaries.
GBR's main activities revolve around developing and producing oil and gas reserves. They explore potential oil and gas fields, drill wells, and extract hydrocarbons from underground reserves. This entails utilizing various technologies and techniques to extract the oil and gas, such as hydraulic fracturing, horizontal drilling, and conventional drilling methods.
In addition to oil and gas production, GBR also holds interests in natural gas pipelines and is involved in the marketing and sale of natural gas. They strive to maximize the value of their energy assets, optimize production, and efficiently deliver their products to customers.
It is worth noting that GBR is also actively diversifying its portfolio and exploring alternative energy sources. This includes evaluating opportunities in renewable energy, such as solar, wind, and geothermal, to potentially reduce their dependence on fossil fuels in the long run.
Overall, New Concept Energy, Inc. focuses on the exploration, production, and sale of oil and gas reserves, while simultaneously exploring opportunities in renewable energy sources to adapt to evolving market trends and contribute to a sustainable energy future.