ParagonX Holdings, Inc., through its subsidiaries, focuses on the acquisition, exploration, and development of natural resource properties with a focus on the production of oil and natural gas, and solar and wind energy.
Operations
The company intends to focus its production operations in northeastern Montana, the Gulf Coast Basin, South Texas, northern Oklahoma; northern Louisiana; Colorado; and southern Kansas.
The company intends to engage in the construction of oil and natural gas pipelin...
ParagonX Holdings, Inc., through its subsidiaries, focuses on the acquisition, exploration, and development of natural resource properties with a focus on the production of oil and natural gas, and solar and wind energy.
Operations
The company intends to focus its production operations in northeastern Montana, the Gulf Coast Basin, South Texas, northern Oklahoma; northern Louisiana; Colorado; and southern Kansas.
The company intends to engage in the construction of oil and natural gas pipelines for third parties. It also focuses on providing contract and directional drilling services to oil and natural gas exploration companies. In addition, the company intends to involve in energy trading business, as well as providing environmental clean up services, such as oil field clean up, disaster clean up, and hazardous transportation.
The company also focuses on the refurbish of low income properties with heating and air conditioning, roofing, insulation, doors, and windows; provides information systems dealing with government logistics databases and vendor awareness of business opportunities; and services and repairs heavy equipment for the oil and gas industry, including trucks and drilling equipment.
Productive Wells and Acreage
As of April 30, 2009, the company had 23 total well bores on 1,880 net mineral acres situated in Kay County, Oklahoma; 8 well bores on 1,700 gross mineral acres located in Baylor County, Texas; and 1 well bore on 160 net mineral acres situated in Garfield County, Oklahoma.
Strategic Alliances
In November 2009, CAVU Resources Inc. announced that the company has secured a farm-in and joint venture development agreement with PVR Exploration, LLC to participate in a farm-in with Anadarko Petroleum Corp. to develop 640 acres in eastern Colorado.
History
The company was founded in 1995. It was formerly known as CAVU Resources, Inc. and changed its name to LiveToBeHappy, Inc. in 2021 and then to ParagonX Holdings, Inc. in 2023.