Operational Strategy
Daybreak Oil and Gas is focused on proving, developing, and producing its crude oil reserves on its acreage in Kern County; Contra Costa County; and Monterrey County, California. Daybreak owns a 3-D seismic survey that encompasses 20,000 acres over 32 square miles with approximately 3,500 under lease in the San Joaquin Valley of California, as well as 3-D seismic coverage over its leases in the Sacramento Basin in central California.
Daybreak’s Strategy
Our basic business model is to increase shareholder value by finding and developing crude oil and natural gas reserves through exploration and development activities and selling the production from those reserves at a profit.
To accomplish this we:
- use 3-D seismic and other advanced technologies to evaluate our acreage and prove our crude oil reserves;
- apply advanced drilling and completion techniques to develop our crude oil reserves; and
- have the necessary facilities to produce and market our crude oil production in a low-cost manner.