Incremental Oil and Gas Limited (Incremental) is an Australia-based oil and gas company. The Company is engaged in oil and gas exploration and production in North America. The Company focuses on onshore California and Colorado. Its projects include Florence Oilfield, Sheep Springs producing oilfield, Round Mountain development project, McDonald Anticline development project and Raven Pass exploration project. The Florence Oilfield produces from the fractured Pierre Formation between1880feet and 3600feet. The Company holds 100% working interest in Round Mountain development project and in Sheep Springs producing oilfield . The Company holds 1419 acres in its McDonald Anticline development project and has a 75%-100% working interest. Incremental holds 25% working interest in Ventura Basin project.