G2 Energy Corp (CSE:GTOO, OTC:GTGEF) president and CEO Slawek Smulewicz says the recent acquisition of the Masten Unit, an oil and gas producing field in the Permian Basin in Levelland, Texas, has provided the company with immediate cash flow as it transitions to a producing oil and gas company.
Smulewicz telling Proactive that G2 Energy's strategy is to acquire existing productive assets and leverage them using its management expertise and technologies.
With another acquisition in the pipeline, he said there are more to come.