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Drake Pacific Enterprises Ltd. (DPE:TSX-V) is engaged in the exploration and development of petroleum and natural gas primarily in Alberta. The company currently has a value-oriented portfolio of property interests in core areas such as Sousa, Swan Hills, Retlaw, Provost, Gilby, Alderson, Suffield and Carmangay, and is actively looking for new property acquisitions.
Over the past 12 months, the company has undergone a significant transformation from an entity with modest operations, little investor exposure, and few growth initiatives, to a company that is operating aggressively, has an increased interest in investor communication, and is rebalancing its properties to provide a foundation of growth for the future.
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