North Texas Energy

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North Texas Energy, Inc
Type Public
Industry Enhanced Oil Recovery
Founded 2011
Headquarters Addison, Texas
Key people Kevin Jones (CEO), Sanah Marah Jr. (CFO), Richard John, Sam Sherrard [1]

North Texas Energy, Inc., an exploration stage company, acquires and produces crude oil and natural gas in the United States. It holds 100% working interests in oil and gas leases covering 338 well acres and 11 wells located in Milam County, Texas. [2]
NTE is an Enhanced Oil Recovery ("EOR") company. EOR is a term used to describe a variety of methods by which oil reserves are recovered from existing oil fields that were not completely exhausted using standard methods. NTE has grown from six producing wells in January 2014 to thirty-eight in October 2016. The latest acquisitions should enable NTE to significantly increase its monthly production and revenue generation. [3]



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