The Omimex Group is a privately held independent energy and fertilizer group of companies engaged in the exploration, development, acquisition and operation of oil and gas properties in North America (Omimex) and the production of fertilizers in Latin America (Cibrafertil): www.cibra.com
Omimex's oil and gas business was started in 1987 with the formation of Omimex International Corporation (dba Omimex Petroleum, Inc.). Omimex currently owns oil and gas interests in the United States and Canada and regularly evaluates the acquisition of attractive properties in other known productive regions.
Omimex's strategy is to acquire producing oil and gas properties where economic value can be enhanced through the utilization of modern production techniques and exploitation activities, and exploration acreage where existing geophysical data indicates significant hydrocarbon potential.
Management believes that Omimex's primary strengths are its committed group of employees with strong domestic and international experience, its extensive infrastructure, its diversified portfolio of cash flow generating properties in North America and Canada, its lower overhead structure and its proven ability to identify, acquire, develop and operate high potential oil and gas assets.
Omimex has no debt and sufficient cash to keep growing its business in its conventional and unconventional acreage.
Overview of Omimex
In 1987, Omimex commenced operations in North America and Canada with the acquisition of selected oil and gas properties in the mid-continent. Several subsequent acquisitions have increased Omimex's domestic presence to include an interest in 5,085 gross (1,615 net) wells located in nine states, the largest of which, in terms of daily production, are Michigan, San Juan Basin, Colorado, Montana, and Wyoming.
Omimex also owns and operates oil and gas gathering pipelines in Michigan and Colorado.
Omimex Resources, Inc. (ORI) was incorporated in Delaware on June 9, 1997 to consolidate and continue the activities previously conducted by its wholly owned subsidiaries:
Paribara Sociedad de Responsabilidad Limitada (Paribara) held the Fertilizers operation in Colombia (Abocol, OFD Supply, Kronotiendas), Peru (Misti), Bolivia (Norsa), Costa Rica (Cafesa), Panama (Fertitec), Mexico (Omagro), until they were sold to Yara International in 2014; and continues operation in Brazil through Cibrafertil.
OFD Supply, Inc. incorporated in 2007, is engaged in the procurement of raw material for the fertilizer industry.
Real Estate Colombia S. de R. L., dedicated to real estate activities in Colombia.
N&N Real Estate Investments, Inc., is involved in real estate activities in the US.
Omimex, in total, has 517 employees. The fertilizer division has been extremely successful in building new fertilizer plants and capturing fertilizer market share in several countries worldwide.