SARATOGA'S SEASON

摘要

Those who like turnaround stories are finding compelling narratives in today's Gulf Coast, outer continental shelf and transition zone activity, thanks to application of new technology and oil priced at Brent levels. But there is another turnaround story afloat in Louisiana's transition zone that involves the efforts of a seasoned management team to overcome commodity-price risk. The tale involves Saratoga Resources Inc., a Houston-based independent. For its success in overcoming obstacles and accelerating development of several of its legacy transition zone properties, it is Oil and Gas Investor's Best Turnaround for 2011.