Investing in oil and gas is speculative and involves a high degree of risk. There is no guarantee that any returns on investment will be achieved. Investors could lose all or substantially all of their investment. The content provided on this site is for information purposes only and is not a solicitation to buy or an offer to sell any securities. The general information on this site is not intended to be used as individual investment or tax advice. Potential investors should consult their personal tax advisor, attorney, accountant, and financial advisor before investing in oil and gas.
Grey reef sharks feed mainly on bony fishes, with cephalopods such as squid and octopus being the second-most important food group, and crustaceans such as crabs and lobsters making up the remainder. The larger sharks take a greater proportion of cephalopods.[20] These sharks hunt individually or in groups, and have been known to pin schools of fish against the outer walls of coral reefs for feeding.[14] Hunting groups of up to 700 grey reef sharks have been observed at Fakarava atoll in French Polynesia.[21][22] They excel at capturing fish swimming in the open, and they complement hunting whitetip reef sharks, which are more adept at capturing fish inside caves and crevices.[4] Their sense of smell is extremely acute, being capable of detecting one part tuna extract in 10 billion parts of sea water.[13] In the presence of a large quantity of food, grey reef sharks may be roused into a feeding frenzy; in one documented frenzy caused by an underwater explosion that killed several snappers, one of the sharks involved was attacked and consumed by the others.[23]
The coloration is grey above, sometimes with a bronze sheen, and white below. The entire rear margin of the caudal fin has a distinctive, broad, black band. There are dusky to black tips on the pectoral, pelvic, second dorsal, and anal fins.[9] Individuals from the western Indian Ocean have a narrow, white margin at the tip of the first dorsal fin; this trait is usually absent from Pacific populations.[5] Grey reef sharks that spend time in shallow water eventually darken in color, due to tanning.[10] Most grey reef sharks are less than 1.9 m (6.2 ft) long.[4] The maximum reported length is 2.6 m (8.5 ft) and the maximum reported weight is 33.7 kg (74 lb).[9]
The Caribbean reef shark is a viviparous species, meaning its developing embryos are nourished via a placental connection. The litters average four to six pups. Although this shark’s reproduction has not been studied in the northern hemisphere, but to the south, parturition occurs during the Amazon summer of November to December. Pregnant females are often found to have biting scars from males on the sides of their bodies, due to the aggressive behaviors of males during mating. Gestation is believed to take approximately one year. A pregnant female with biting scars and wounds on the sides of her body, taken off the coast of north-northeastern Brazil, carried four near-term embryos. One was a 27.5 in. (700 mm) long male and three were females measuring 27.0 in. (685 mm), 27.4 in. (697 mm), and 27.7 in. (704 mm) in length. Because she was carrying near-term embryos, it is postulated that this area may be a pupping ground. Although such captures have shed light on the topic, relatively little is known about the reproduction of the Caribbean reef shark. Much information has been obtained from a pregnant female carrying four near-term embryos off the coast of northeastern Brazil. This female had scars and wounds on her side. Because the shark carried near-term embryos, it is postulated that this area may be a pupping ground.
Reef™ has blended the cool and casual attitude of the beach along with authentic, surf inspired designed products since 1984. Brothers Fernando and Santiago Aguerre used their entrepreneurial spirit and passion for surfing to create high quality, active lifestyle sandals. Their dedication, hard work and savvy marketing ideas has made Reef™ one of the leading surf brands in the world, offering surf clothing along with women's and kid's sandals.
They are also found in mangrove areas, moving in and out with the tide and even in fresh water near the sea. They occur singly or in small groups. Adults often aggregate in reef channels at low tide. This is one of the three most common reef sharks in the Indo-Pacific, the two others are the grey reef shark, Carcharhinus amblyrhynchos and whitetip reef shark, Triaenodon obesus.
Now 30 years later, the company is thriving as the global surf lifestyle brand that lives by the "Just Passing Through" mentality of surf adventure. Reef draws on the spirit of the global traveler to offer casual lifestyle footwear for men and women, as well as apparel for men that combines function and fashion for life on the road. Using technology and a host of eco-based materials inspired by Reef Redemption, Reef continually delivers instant comfort and exotic styling, and strives toward versatile and multi-functional products for the traveling surfer. The brand is also well known for an ambassador program that supports some of the best wanderers and waveriders around the globe.
Blacktip reef sharks are fast, pursuit predators that prefer reef fishes, but also feeds on stingrays, crabs, mantis shrimps and other crustaceans, cephalopods, and other mollusks. In the Maldives, this species has been documented feeding cooperatively on small schooling fishes, herding them against the shore and feeding en masse. Feeds heavily on sea snakes in northern Australia. A large individual (1.6 m) was observed attacking a green sea turtle, Chelonia mydas, in North Male’ Atoll, Maldives.

Grey reef sharks are fast-swimming, agile predators that feed primarily on free-swimming bony fishes and cephalopods. Their aggressive demeanor enables them to dominate many other shark species on the reef, despite their moderate size. Many grey reef sharks have a home range on a specific area of the reef, to which they continually return. However, they are social rather than territorial. During the day, these sharks often form groups of five to 20 individuals near coral reef drop-offs, splitting up in the evening as the sharks begin to hunt. Adult females also form groups in very shallow water, where the higher water temperature may accelerate their growth or that of their unborn young. Like other members of its family, the grey reef shark is viviparous, meaning the mother nourishes her embryos through a placental connection. Litters of one to six pups are born every other year.
Investing in oil and gas is speculative and involves a high degree of risk. There is no guarantee that any returns on investment will be achieved. Investors could lose all or substantially all of their investment. The content provided on this site is for information purposes only and is not a solicitation to buy or an offer to sell any securities. The general information on this site is not intended to be used as individual investment or tax advice. Potential investors should consult their personal tax advisor, attorney, accountant, and financial advisor before investing in oil and gas.
Reef’s® 30-year heritage was born out of an idea by Fernando and Santiago Aguerre, entrepreneur brothers from South America with a love of surf and beach culture, to create a high-quality active lifestyle sandal. To bring their vision to life, the brothers moved to Southern California to manage the Reef brand, and they set up production in Sao Paulo Brazil in 1984, where they first produced the iconic sandal that made Reef the leader in open-toe footwear. 
The Black-tip Shark (Carcharhinus melanopterus) is a species of shark of the family Carcharhinidae, easily identified by the black tips of its fins, especially on the first dorsal fin and the caudal fin. It is one of the most abundant sharks in the tropical coral reefs of the Indian Ocean and Pacific Ocean. This species prefers shallow coastal waters and frequently exposes its first dorsal fin in these areas. Most Black-tipped Sharks live on reef margins and sandy bottoms, but they are also known to support brackish or freshwater environments. This species generally reaches a length of 1.6 m. Black-tip Sharks are sedentary and live in very small areas and may remain in the same area for several years. They are active predators of small bone fish, cephalopods and crustaceans, and are also known to feed on marine snakes and seabirds. The data collected concerning the life cycle of the Black-tip Shark are sometimes contradictory and there appear to be significant differences depending on the geographical location within the range of the species. Like other members of its family, this shark is viviparous and females give birth to between two and five young babies every two years, every year or sometimes twice a year. Indeed, according to its habitat the gestation period of this shark can be 7-9 months, 10-11 months or 16 months. Newborns live in coastal waters and in shallower waters than adults, often forming large groups in areas flooded by high tides. Shy and capricious, the Black-tip Shark is difficult to approach and rarely represents a danger to humans, unless it is excited by food. However, bathers in shallow waters can sometimes have their legs bitten by mistake. This shark is fished for its meat, fins and liver oil, but is not considered to be a commercially important species. The International Union for Conservation of Nature assessed the near threatened species. Although the species as a whole remains widespread and relatively common, overfishing of this shark and its slow rate of reproduction has led to its decline in a number of localities.
Although still abundant at Cocos Island and other relatively pristine sites, grey reef sharks are susceptible to localized depletion due to their slow reproductive rate, specific habitat requirements, and tendency to stay within a certain area. The IUCN has assessed the grey reef shark as Near Threatened; this shark is taken by multispecies fisheries in many parts of its range and used for various products such as shark fin soup and fishmeal.[2] Another threat is the continuing degradation of coral reefs from human development. There is evidence of substantial declines in some populations. Anderson et al. (1998) reported, in the Chagos Archipelago, grey reef shark numbers in 1996 had fallen to 14% of 1970s levels.[30] Robbins et al. (2006) found grey reef shark populations in Great Barrier Reef fishing zones had declined by 97% compared to no-entry zones (boats are not allowed). In addition, no-take zones (boats are allowed but fishing is prohibited) had the same levels of depletion as fishing zones, illustrating the severe effect of poaching. Projections suggested the shark population would fall to 0.1% of pre-exploitation levels within 20 years without additional conservation measures.[31] One possible avenue for conservation is ecotourism, as grey reef sharks are suitable for shark-watching ventures, and profitable diving sites now enjoy protection in many countries, such as the Maldives.[6]
In older literature, the scientific name of this species was often given as C. menisorrah.[5] The blacktail reef shark (C. wheeleri), native to the western Indian Ocean, is now regarded as the same species as the grey reef shark by most authors. It was originally distinguished from the grey reef shark by a white tip on the first dorsal fin, a shorter snout, and one fewer upper tooth row on each side.[6] Based on morphological characters, vertebral counts, and tooth shapes, Garrick (1982) concluded the grey reef shark is most closely related to the silvertip shark (C. albimarginatus).[7] This interpretation was supported by a 1992 allozyme phylogenetic analysis by Lavery.[8]

Adults begin to reproduce once they attain a size of 2 to 3 meters (female) or 1.5 to 1.7 meters (male). They reproduce once per year but childbirth is biennial since the females get pregnant every other year. The reproduction method is Viviparous which means the pups develop inside of the mother. There is evidence that the reproduction method is aggressive and violent since many female Caribbean Reef Sharks have been found with deep wounds on their sides during mating season. These wounds are caused by bites and heal in time leaving large and highly visible scars.


Generally a coastal, shallow-water species, grey reef sharks are mostly found in depths of less than 60 m (200 ft).[11] However, they have been known to dive to 1,000 m (3,300 ft).[2] They are found over continental and insular shelves, preferring the leeward (away from the direction of the current) sides of coral reefs with clear water and rugged topography. They are frequently found near the drop-offs at the outer edges of the reef, particularly near reef channels with strong currents,[12] and less commonly within lagoons. On occasion, this shark may venture several kilometers out into the open ocean.[4][11]
Blacktip reef sharks are regularly caught by inshore fisheries and are vulnerable to depletion because of their small litter sizes and long gestation periods. Traumatogenic. May become aggressive to spear fishers and are reported to bite people wading in shallow water. Generally marketed fresh (as fillet), may be dried, salted, smoked or frozen. Fins are valued for shark-fin soup; a market that is decimating shark populations worldwide. They are also sought for their liver as source of oil.

Influenced by the world around them, Reef™ strives to bring you authentic and innovative products meant to nurture an incredibly fortunate lifestyle that involves surf, sensuality and a life filled with happiness. Whether you are looking for Reef™ swimsuits, Reef™ clothing or Reef™ sandals you can be sure that function, comfort and fashion will mesh like a beach breeze and a good time.
A heavy-bodied shark with a "typical" streamlined shape, the Caribbean reef shark is difficult to distinguish from other large requiem shark species. It usually measures 2–2.5 m (6.6–8.2 ft) long; the maximum recorded length is 3 m (9.8 ft) and the maximum reported weight is 70 kg (150 lb).[5][6] The coloration is dark gray or gray-brown above and white or white-yellow below, with an inconspicuous white band on the flanks. The fins are not prominently marked, and the undersides of the paired fins, the anal fin, and the lower lobe of the caudal fin are dusky.[2][4]
Reef Ambassadors are forever just passing through, crossing borders, taking in cultures, and exploring foreign shores. And now you can follow our ambassadors more closely, as we roll out a new monthly film series for 2016, showcasing their adventures in the best waves around the globe. This 10 Episode series will bring you along with our team to far off, exotic locales to iconic surf destinations.
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