North Texas Energy
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North Texas Energy, Inc | |
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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]
Contents
History
Controversies
Top 5 Recent Tweets
Date | Author | Comment |
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March 31, 2023 | bocvip | They're Drilling For Liquid Gold in Texas, But This Time It Isn't Oil - It's Lithium! Some drilling rigs in east Te… https://t.co/mV9HQE6fKx |
March 31, 2023 | AndrewforDallas | Dallas County Rebound! I'm excited for the energy and opportunities that the population resurgence will bring to No… https://t.co/hUMQT0pDGI |
March 31, 2023 | AlekseiCorleone | @Irregulas_posts @whatifalthist Ontario and Germany both have insane energy taxes and an inefficient grid. Texas ha… https://t.co/jgsHZWVfmx |
November 19, 2022 | chilberg11 | @FWEconDev @MayorMattie
U.S.-based battery manufacturer announces solid-state energy storage systems. This compa… https://t.co/0EDB9z5YWN |