Xfuels IncOOTC XFLS Stock Report

Xfuels,Inc.is an energy provider that operates three vertically integrated business units in Oil and Gas production, Oil and Gas Service and Green Energy production and technologies. The company is headquartered in Airdrie, Alberta. The company went IPO on 2012-03-02. The firm operates three vertically integrated businesses such as Cycle Oil and Gas, Cycle Energy Services, and Cycle Energy Technologies. Cycle Oil and Gas is a wholly owned subsidiary, which is focused on acquiring and optimizing underdeveloped oil and gas assets. Cycle Oil and Gas produces approximately 110 barrels of oil per day from Canadian properties. The company also holds oil and gas royalty positions and controls non-operating oil and gas properties. Cycle Energy Services is a wholly owned subsidiary that supports the Company's exploration and production efforts. Cycle Energy Services owns and operates a combination of customized wireline-service rigs and HydroVac units. Cycle Energy Technologies is a wholly owned subsidiary that provides both research and development (R&D) and technology to enable production in the field. The firm's flagship intellectual property is its mobile gas to liquid system.