Duma Energy Corp.
| OTC Markets: DUMA
Duma Energy Corp. is a growth stage oil and natural gas exploration and production company with operation in Texas, Louisiana and Illinois. The company's wholly owned subsidiaries are Penasco Petroleum Corp, SPE Navigation I, LLC and Galveston Bay Energy LLC. The company's team of geologists, engineers and executives leverage 3D seismic data and other proven exploration and production technologies to locate and produce oil and natural gas in new and underexplored areas. It also leases land positions hosting previously producing wells with the goal of utilizing proven technologies, including Waterflood Recovery, to restart production. The company changed its name from Strategic American Oil Corp. in April 2012. It was founded on April 12, 2005 and is headquartered in Houston, TX.