Business Summary
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Great Pacific International Inc. (Great Pacific) is a development stage junior public resource company, engaged in the business of oil and gas exploration and development. Great Pacific’s oil and gas operations are located primarily in Alberta, Canada, and Texas and Arkansas, United States. As of March 31, 2010, the Company owns a 36% and 3.8% working interest in the oil production and gas production, which are located in Alberta. The Alberta properties consists of oil wells and gas wells. During the fiscal year ended March 31, 2010 (fiscal 2010), it held 100% interest petroleum and natural gas (P & NG) leases Alberta, Canada. During fiscal 2010, the Company also held a 100% interest in P & NG leases on four sections, which included 2,560 acres, of land in the Manning area of Northern Alberta. During fiscal 2010, Great Pacific acquired a 100% interest in 18 leases totaling 4,864 hectares. Its subsidiaries include GPI Oil and Gas Ltd., GPI Petroleum Inc. and GPI Oil and Gas Overseas Inc
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