Incremental Oil and Gas Limited (Incremental), formerly Incremental Oil & Gas Pty Ltd, is a producing oil and gas company. Incremental projects include the Round Mountain project has undeveloped, shallow oil resources and horizontal wells are planned; the Guijarral Hills project, which is situated approximately 90 kilometers north of the Sheep Springs oilfield; Raven Pass Exploration Prospect (100% working interest) is a surface anticline with a strike length of over 10 kilometers, which is located in the west of San Joaquin Basin, and Sheep Springs Producing Oilfield. The Company acquired 200 acres within the Sheep Springs operating oilfield in January, 2010. In July 2012, the Company purchased Florence oilfield in Colorado, the United States.