Shotgun Energy Corp. (OTCBB: SGNE) is an emerging energy company focused on taking advantage of advantageous short- and long-term conditions in the U.S. oil and natural gas markets. With global energy demand rising, domestic sources of oil and gas are becoming increasingly precious. Shotgun Energy holds an interest in the LAK Ranch Oil Project located in Newcastle, Wyoming, and also has an undivided 85% working interest in a substantial project in the U.S. Rockies, Utah. The Shotgun Draw Prospect is located in the prolific natural gas producing Uinta Basin of Utah. The lease comprises 13,189 acres with a potential 4 Trillion ft³ of recoverable gas. As growing demand and global uncertainty regarding current sources of supply drive up prices to record levels, there is increasing interest in non-traditional recovery techniques. The companies working in the LAK Ranch Project expect to recover between 30 and 70 Million barrels of oil using the latest thermal recovery techniques, and Shotgun Energy stands to collect substantial revenues through royalties of the oil produced from this project.