Sebastian River Holdings, Inc. is looking for acquisition opportunities. Sebastian River is looking to seek out, evaluate and acquire interests in those oil and gas projects that in the opinion of management fit the criteria of proven producing oil and gas reserves with substantial development potential; proven reserves that can be activated with appropriate financing; low-risk drilling and development costs; good access to infrastructure to bring to market and ability to generate profits and cash flows in a short period of time with potential as highly undervalued assets.