Manjit Singh Sahota

  Manjit Singh is committed to turning Canco Energy into a global company by leveraging its vast experience and knowledge. With a range of services and a growing network, Petro Lucre LLC focuses on advising on oil investments, projects, acquisitions, financing, public companies and advisory needs. After working in Manjit Sahota for fifteen years, Thomas sold his own real estate development and Operations Company specializing in real estate development around the world. Amer has a strong passion for oil and gas and offers a new perspective on the industry as one of the next generation of energy industries. Manjit has participated in multi-million dollar joint venture negotiations with investors in energy companies. He started his career at Unocal, a major international oil and gas company where he held various positions from 1980 to 1996 in drilling, production and deposit construction. Thomas was involved in establishing Southern Oil Systems LLC in January 2005, an onshore oil / g...

Manjit Singh Sahota also has been doing a relentless job of collecting up to date geological data required for oil exploration. That is just required to find the position or landmark that will be used as a basis for drilling a well. In addition, his corporation has been working on drafting multiple proposals to the Alberta Energy Regulator since 2010 and also have been supplying them with monthly drilling logs up until this date 2013.  

Manjit Singh Sahota is now the President/Operator of a multi-Million dollar empire that is heavily focused on shallow and deep onshore drilling and also workover of existing wells that are shut-in and to bring them back online producing oil.

Manjit Singh Sahota 's organization drill for oil and gas, produce oil and gas, offers the oil to neighborhood treatment facilities and offers gas to the public gas purchaser. We are engaging with three oil and gas projects in Texas right this moment. We are raising $5 Mil for the advancements of such three projects.

Manjit Singh Sahota said, the long-term decline in oil demand threatens the survival of many companies, and the next decade will be very different for the entire O & G value chain. Another consideration is that the oil and gas industry rarely recovers when the industry is low, as it did during the price drop in 2013 and major environmental catastrophes such as the Deepwater Horizon oil spill in 2014 in the Gulf of Mexico.  Technological innovations in drilling and production have led to rapid growth in US oil and natural gas production in recent years. New developments in the US oil and gas industry have been spurred by the economic recovery following the 2008 financial crisis, new job growth, higher investment in oil and gas producing regions, and lower consumer gasoline prices. The proliferation of new oil and gas extraction technologies is not limited to the United States.  Investors pursuing the oil and gas industry may be overwhelmed by the complex jargon and unique ...

Manjit Singh Sahota states, Natural gas is extracted from oil in the United States, as is the case with infrastructure, and there is no economic incentive to transport it for sale from the well. Natural gas prices in the United States are low, and natural gas infrastructure can not keep up with the rapid expansion of oil production in the region, resulting in a 50% increase in torch prices in 2018 compared to the previous year.3 US producers make almost all of their money from oil in this case so the gas involved is not worth putting on the market. In addition to the challenges, oil and natural gas production in the US have soared over the last decade: US natural gas production was 34.4 trillion cubic feet (tcf) in 2020, the highest annual amount ever. The majority of the increase in production since 2005 is the result of horizontal drilling and hydraulic fracturing techniques in shale, sandstone, carbonate, and other narrow geological formations. About 80-90% of the natural gas used ...