Fidelis Energy Inc (PK:FDEI)

Business Focus: Oil & Gas Exploration and Production

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Sector: Energy	Industry: Oil & Gas Exploration and Production

See Regulatory Filings on SEC

Company Contact

Address:	5151 E Broadway Blvd Ste 1600 TUCSON AZ 85711-3777
Tel:	N/A
Website:	N/A
IR:	N/A

Key People

William S. Marshall President, Chief Executive Officer, Director	Sterling Klein Chief Financial Officer, Treasurer, Secretary, Director

Business Overview

Fidelis Energy, Inc., is a supplier of electricity and of natural gases Company. The Company targets to offer services by investing in technology, people and resources. The Company is engaged in two activities: Electricity supply and Natural gas supply. Electricity supply, is the Company's main activity and provides service to industrial consumers. Natural gas supply, provides integrated services as well as has received approval for supply services. The Company's overall strategy involves identification of the right angles for a proper and uniform development. The Company's main objectives are raising the number of clients among the final consumers; developing trading activities by facilitating the level of access and the financial aspect, and identifying proper area of investment in the production of regenerative electricity.

Financial Overview

For the three months ended 31 March 2007, Fidelis Energy Inc revenues increased 7% to $532K. Net loss decreased 45% to $166K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Corporate Finance Fees decrease from $250K (expense) to $0K, Selling & Marketing decrease of 27% to $30K (expense), Consulting decrease of 3% to $231K (expense).

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