Founded in 2003 and headquartered in Columbus, Ohio, Capital City Energy Group, Inc. (OTCBB: CETG) is a diversified oil and natural gas company with three separate divisions. Capital City has evolved from being an innovative leader in the design, management and sponsorship of retail and institutional direct-participation energy programs to become one of the few vertically integrated independent oil and natural gas companies. The company is aggressively pursuing their business model by acquiring energy-related businesses that are strategic to the core fund-management business, such as drillers, operators, well service companies, pipelines and lease owners, among others. The company is rapidly growing a portfolio of core areas that provide growth opportunities through drilling, operating, well service companies, acquisitions and fund management. This strategy allows a more opportunistic approach and affords the company greater strategic control over its investments through vertical integration. Direct ownership in the full spectrum of assets within the energy industry transforms Capital City Energy Group into a more dynamic and full-service energy company.
Subsidiaries
Avanti Energy Partners
Oil and Gas Operator—Leasing, drillings, production
Avanti serves as a gateway that makes it possible for investors to benefit from the ever-changing opportunities of the oil and gas marketplace by capitalizing on growing demand for these precious commodities. Through superior management, ethical leadership and cutting-edge technology, Avanti presents to investors many unique opportunities with the potential for exceptional returns through the Capital City Energy Funds and other direct-participation programs. Avanti participates alongside numerous joint-venture partners in energy properties that make sound risk/reward sense and that meet its high economic goals.
Eastern Well Services
Upstream—Wireline, fracturing, logging, testing
Eastern is a growing oilfield services company, which will operate in many of the significant oil and natural gas producing regions of the United States, providing oil and natural gas companies with wireline, fracturing, cementing, logging and testing services. Eastern competes with its larger peers by offering technologically advanced equipment and services at competitive prices and highly responsive customer service. The company's growth strategy is centered upon identifying and pursuing opportunities in markets where it can capitalize on its competitive advantages to establish a significant market presence.
Capital City Petroleum
Downstream—Pipeline, transportation, lubricants
Capital City Petroleum manages all operations that take place after the production phase through to the point of sale. These are operations that are near or at the final stage of consumption. The company moves quickly to take advantage of opportunities involving stranded reserves, transportation requirements and high grading of product to be delivered.