The group's principal activity is to acquire those companies, which provide oil and gas technologies and information services to the petroleum industry. The group invests primarily in companies or products where early stage product development has been completed. It contributes its business expertise to assist in the further development of the target company's business and operations. During 2003, the group sold its shares of cobratech industries inc and sentry telecom systems inc and changed its business focus. On 31-Mar-2004, the group acquired flowstar technologies inc and flowray inc.
