WhitMar Exploration Company is a private oil and gas company located in Denver, Colorado is engaged in the generation and development of natural gas and oil prospects in the continental United States. The company was founded in 1979 by Whitney Marvin, who continues to manage the company today with a team of professionals experienced in the domestic oil and gas business. Since its inception, WhitMar has internally generated the majority of its drilling prospects with natural gas as the primary target.

During the boom of the early 1980's the company developed and drilled oil and gas prospects for itself and its investing partners, the majority of whom were other oil and gas companies which managed public drilling limited partnerships. The crash in prices in the mid 1980's resulted in the demise of the drilling limited partnerships and a lack of interest in drilling for new reserves by the investing public and the major oil companies. As a consequence, the company spent less time generating oil and gas prospects and diversified into the gas compression business.

In 1986, WhitMar started Arkoma Compression Company as a gas compressor rental company to provide the compression necessary to produce gas from the older depleting gas fields in the US. For the next twelve years WhitMar built the compressor company into one of the largest providers of gas compression in the Mid-Continent, and in 1998 sold it to the largest compressor rental company in the world.

Since the mid 1990's WhitMar has reenergized its exploration team by hiring additional geoscientist and acquiring new technical hardware and software to support our exploration effort. The company is now devoting all of its efforts to the generation and development of high quality oil and natural gas prospects, exposing itself and its partners to exceptional investment opportunities. Currently, the company is aggressively leasing, drilling and developing shale gas prospects in the Appalachian Basin and the Mid-Continent region of the US and oil shale prospects in the Rocky Mountain and Mid-Continent regions of the US.

Through the 1990's up to the present, natural gas has become the environmentally prefered fuel in the US for heat and power , and we believe it will be the preferred fuel for our automobiles within the forseeable future. Because of the dramatic success of our industry in shale gas developments in the US, we have dramatically improved the demand supply ratio for natural gas; which in the short run has had a softening affect on the economics of natural gas exploration. However, in the long run, WhitMar is bullish on the future of natural gas, as demand continues to rise from existing users and different sources of demand arise for this greener burning fuel.

While we will continue to develop our substantial acreage position in various shale gas developments in the US, we are currently focusing our leasing efforts on oil shale prospects in the US; where in the last year we have leased in excess of 250,000 acres over lands that are highly prospective for oil shale development.       

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