Alpha Energy, Inc. (the Company) was incorporated in September 26, 2013 in the State of Colorado. The Company was organized under the laws of the State of Colorado in September 2013 for the purpose of purchasing, developing and operating oil and gas leases. On February 23, 2018, Alpha Energy, Inc. formed a wholly owned subsidiary, Alpha Energy Texas Operating, LLC, to administer operations.
Upon receipt of adequate capital, we intend to enter into oil and gas leases and acquire property. We intend to engage third parties such as a drilling contractor, a geologist and an engineer to direct the drilling of wells on any acquired leases. As of the date hereof, such third parties have not been engaged and there is no assurance that we will ever enter into contracts with any such third parties.
The Company has been issued a going concern opinion and requires additional capital to fund its operations.