Next Generation Management Corp., an independent oil and natural gas company, is primarily engaged in the exploration, development, and production of natural gas properties located onshore in the United States. The company is in the business of acquiring and holding interests in the energy business, including owning natural gas and oil properties, natural gas and oil royalty interests in existing energy producing properties, ownership interests in proven reserves, and other activities associated with hydrocarbon energy markets. The company owns Knox Gas, LLC, which owns a lease of 100 acres containing 5 drilled wells; a lease of 20.2 acres containing 2 drilled wells; a lease of 700 acres containing no wells; a lease of 400 acres containing 3 drilled wells; a lease of 480 acres containing 6 drilled wells; and a lease of 320 acres containing 2 drilled wells. Strategy The company’s underlying strategy is to acquire energy properties that have high intrinsic future value when developed and to generate existing, reliable revenue streams from acquiring interests in operating and proven gas and oil wells. Seasonality The company’s demand for natural gas is higher in the fourth and first quarters (year ending December 2012) resulting in higher natural gas prices. History The company was founded in 1980. It was incorporated in 1980 under the laws of the state of Nevada. The company was formerly known as Micro Tech Industries, Inc. and changed its name to Next Generation Media Corporation in 1997. Further, the company changed its name to Next Generation Energy Corporation in 2010; and to Next Generation Management Corp. in June 2014.
next generation management c
(NGMC:OTC Markets Group Inc - Limited Information)
4270 John Marr Drive
Annandale, VA 22003
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