Gulf Coast Oil & Gas, Inc. is an exploration-stage company. The Company focuses to undertake oil and gas exploration projects in the continental United States. The Company has assets in both Texas and Louisiana. It has three producing wells in Nueces County, Texas. The Saratoga prospect is located within the Upper Cretaceous. As of December 31, 2006, the Company was awaiting the results of drilling by certain other companies on wells located in the vicinity of the Company's leaseholds before it attempts drilling and completion of the Saratoga Prospect.
With strong demand on Oil and oil prices getting record high everyday..
This company seems like a strong buy to me.
We've seen it's this stock grow over 1100% in the past 10 months and I won't bet against it either.