Date: Thu, 20 Nov 1997 00:04:25 GMT Server: NeoWebScript/2.2 Apache/1.2.1 Connection: close Content-Type: text/html Cedyco Corporation


Company Background

edyco Corporation is engaged in the acquisition, exploration, development and production of oil and gas; the gathering, transmitting and marketing of natural gas; and the continual evaluation of projects that not only have existing production, but more importantly, upside down potential through further enhancement and development.

Cedyco Corporation was incorporated December 27, 1982 in Delaware and is structured as an innovative, non-restrictive oil and gas company.

The purpose or purposes for which the Corporation is organized are:

  • I. To engage in any trade or business related to the exploration, development, or marketing of oil and gas and other such substances; including, with out limitation, the formation and operation of drilling funds, and in this regard to serve as general partner of limited partnerships formed for that or any other lawful purpose; and
  • II. To transact any and all lawful business for which corporations may be incorporated under and have offices and exercise the powers granted by, the General Corporation Law of the State of Delaware, as amended from time to time, within or without the state of Delaware, and to do such things as may be incident to, and necessary or appropriate to effect, any and all of the purposes for which this Corporation is organized.
  • Cedyco currently owns, leases and operates properties throughout five counties in two States. Furthermore, Cedyco also sponsors and structures developmental drilling programs resulting in Cedyco receiving revenues through its ownership interest of various overriding royalties, working interests, carried interests and turnkey profits. Cedyco provides both individual and institutional Investors and Working Interest Partners unique opportunities to participate in the development of these quality oil and gas properties.

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