Company Coastal Caribbean Oils & Minerals, Ltd. Other OTC

Coastal Caribbean Oils & Minerals, Ltd., is a Bermuda-based holding company for Coastal Petroleum Company (Coastal Petroleum). The Company is engaged through its subsidiary, Coastal Petroleum, in the exploration for oil and gas reserves. The Company's growth is driven primarily by exploration and development activities. The Company's business strategy is to is acquiring and drilling prospects that have potential in oil and gas. The Company continues to seek exploration projects with potential for providing long-term drilling inventories. Through its wholly owned subsidiary, Coastal Petroleum, the Company explored for oil and gas in Montana. The Company has also drilled exploratory gas well on Valley County, Montana Leases to test multiple zones potentially containing natural gas. The Company is not currently conducting drilling operations. The Company does not currently hold any oil and gas property and rights.