Humble Energy is a natural gas producing company that receives royalties on the operation of gas wells. The maintenance and servicing of the wells is contracted to major oil and gas producing companies in the area.
Robert Cashman, president of Hallmark Venture Group, said: “By purchasing existing, producing wells we eliminate most of the risk in the natural gas industry. We will never have the problem of drilling a dry hole. This business plan makes Humble Energy profitable from day one.”
Hallmark Venture Group is a mini-venture fund, investing in small to medium size companies that have the potential to grow rapidly and benefit from being a public company. The company provides merchant banking, consulting and financial services to client companies.
