Fortitude Gulf Resources Inc. (FGR) was formed in 2017 to take advantage of a large conventional oil & gas resource niche resulting from the commodity price downturns of 2012 and 2014, as well as the shift to unconventional targets by many oil and gas companies. FGR is company private and expects to become a publicly traded company when market fundamentals align.
Our focus area is the onshore portion of the Gulf Coast in Texas and Louisiana. The onshore Gulf Coast has been the centre of oil and gas activity in the US since the 1901 discovery at Spindletop. It was an event that ushered the US into the oil and gas industry and resulted in the Texas oil boom. The basin is characterized by mature plays and prospects with relatively low geological risk which can deliver robust prospect economics at $50 oil and $3 gas.
FGR’s focus is on identifying right-sized prospects with lower risk at lower cost.
We intend on building a portfolio of relatively low geological risk prospects, privately funding them, establishing early cash flow and growing production.
This disciplined portfolio approach will allow the company to achieve a high success rate and generate stable revenue stream with short investment cycle times.
FGRI has strong technical team, one that will ensure that prospects conform to our low risk threshold.
Our strategy is one of acquire, exploit and produce, a similar strategy, albeit on a smaller scale, to that of Talisman Energy in the early 1990’s. The company is founded by ex-Talisman management with an objective to grow production to 5000 boe/d in 3-5 years. 
Operational safety and environmental care has always been of fundamental importance to us. Collectively, we have operated projects in many parts of the world. We conducted exploration activities without incident in ecologically sensitive environments and adhere to the highest environmental standards. This is ingrained in our DNA.