We are expanding our trading portfolios in the oil and gas businesses in the U.S. and Latin America, while simultaneously exploring opportunities for investment in related up, mid and downstream businesses in both regions. We also lend support to four subsidiary companies in oil and gas and nuclear fuel - MIECO, Energy U.S.A., Marubeni Denver Juesburg LLC, and Marubeni Shale Investment LLC, respectively - which MAC owns jointly with Marubeni Corporation. MIECO, with offices in California, Texas , Colorado, New Jersey and Calgary, Canada, conducts trading of petroleum products, petrochemical feedstocks and natural gas in the American and the Pacific Rim markets. Energy U.S.A., with offices in Washington, D.C. and Connecticut, trades natural uranium both domestically and overseas for end-user in the generation of nuclear power. Marubeni Denver Julesburg LLC, with an office in Texas, conducts development and production of the Niobrara shale acreage in the DJ Basin of Wyoming and Colorado. Marubeni Shale Investment LLC, with an office in Texas, conducts development and production of the Eagle Ford Shale acreage in Texas.
In addition, MAC plans to conduct trading of crude oil and petroleum products, as well as natural gas, LNG and LPG. With any of these products, we may be involved in importing and exporting them to and from the U.S., or in trading them offshore. Latin America is another focus of MAC's efforts to increase trade and to invest in related energy businesses in the mid-downstream.
SUBSIDIARY COMPANIES:
Energy U.S.A. Inc.
Trader of uranium and nuclear energy related equipment
MIECO, Inc.
Petroleum and natural gas traders
Marubeni Denver Julesburg LLC
Shale oil and gas development and production in the DJ Basin
Marubeni Shale Investment LLC.
Shale oil and gas development and production at the Eagle Ford Shale acreage