Discovery Energy Corp. Overview
Industry: Oil & Gas E&P
Sector: Energy
Discovery Energy Corp., an exploration stage company, engages in the exploration, development, production, and acquisition of conventional and unconventional natural gas, and oil and energy projects. It holds a 100% working interest in the petroleum exploration license 512 prospect covering an area of 584,651 gross acres located in South Australia. The company was formerly known as Santos Resource Corp. and changed its name to Discovery Energy Corp. in May 2012. Discovery Energy Corp. was incorporated in 2006 and is headquartered in Houston, Texas.
Discovery Energy Corp. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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