Opal Energy Corp. (Opal), through its subsidiary Opal Energy Inc. (Opal USA), is an oil and gas exploration company focusing on natural gas exploration along the Gulf Coast of Texas. Opal is engaged in the acquisition, exploration, development and production of oil and natural gas properties in Texas, United States. The Company, through Opal USA, has various working interests in leases totaling approximately 17,269 acres in the State of Texas. During the year ended December 31, 2007, it had four natural gas wells in production.(Source: ARS)
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