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Eldorado Exploration, Inc. (EDEP)

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Last Post: 12/11/2015 3:28:03 PM - Followers: 130 - Board type: Free - Posts Today: 0


Eldorado Exploration, Inc. is an independant oil and gas exploration company with rights to drill on over 60,000 acres leased in New Mexico, Texas, North Dakota, Illinois & Nebraska.

Eldorado Exploration approaches oil & gas exploration with an intelligent and sensible philosphy. Eldorado's high caliber veteran oil & gas experts qualify projects that maximize shareholder value by pursuing achievable prospects that have multiple confirmations of potential, from both the PIP process and standard geological methods.

The advancements in exploration technology and passive induced polarization (PIP), allow Eldorado Exploration to profit from newly discovered oil & gas reserves not previously detected. With recent innovations in exploration techniques, Eldorado is able to discern which potential targets have sufficient reserves to be a commercial success, and which do not.

Eldorado Exploration's mission is to combine the latest of technology, including PIP, current established standards in geology, geophysical science, telluric, seismology, computer enhancements, and other available methods to discover the largest commercially viable oil and gas deposits. By focusing on prospective targets with larger accumulations we are able to increase our success rate.

Eldorado Exploration is an independent oil & gas company headquartered in California with operations in New Mexico and Texas. Its shares are listed on the pink sheets under the symbol EDEP. Eldorado Exploration has a strong commitment to its shareholders, the communities where we conduct business and the environment.


Natural Gas Chart & Oil Chart



New Mexico - Eldorado Exploration has drilled the Mesa #1 Gas well on an 11,000 acre structure in New Mexico with 95' of logged gas sands. Completion and testing are scheduled to be done in the 2nd Quarter 2008. There could be up to 50 gas wells on the company's acreage. These sands have been prolific oil and gas producers in other parts of the Permian Basin but gas is expected to produce on the Mesa leases. Eldorado Exploration, Inc. has 11,300 net acres over the center of a possible 30,000 acre gas field.

The company has also leases two additional lease blocks west of the Mesa field that have a similar PIP signature reading of gas. These leases are 14,000 acres and 16,000 acres in size.

Note: New Mexico is the 2nd largest state in gas production.

Texas - The company is preparing to drill an Ellenburger test in Comanche county on a 400 acre Seismic and PIP identified target that may have up to  5,000,000 bbl in recoverable reserves. Eldorado expects to have a 20% working interest.


Technology and Well Operations:

The company takes advantage of PIP discovery technology to identify targets overlooked by other drillers because of their incomplete or unsubstantiated geological information and uses those wells to produce oil and gas exploration for the production to be sold to nearest refiner or pipeline.

Eldorado Exploration possesses what it believes to be a significant business advantage over the competition through the use of a proprietary exploration methodology referred to as Passive Induced Polarization (PIP). This process has been developed over the past 15 years and combines a series of technologies including seismic, passive induced polarity, radiometrics, tellurics and computerized enhancement supported by surface and subsurface geology and geophysics. PIP was developed by a geologist and a geophysicist (the PIP Group) who have devoted their careers to petroleum exploration in the Texas oil patch. Since 1992, over 50 wells have been drilled using this technology. By using PIP, these two geoscientists have been successful in the discovery of three new oil fields, resulting in the drilling of over 50 wells with only six dry holes. Just as 3-D seismic has greatly improved the success rates in drilling, the PIP Group believes that it can take advantage of PIP discovery technology to identify targets overlooked by other drillers because of their incomplete or unsubstantiated geological information.

The Company plans to fund its efforts and all assets that will possibly be acquired will be used to generate income for the company.


Most Recent EDEP Press Releases:

For a  List:


Charts Link:

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David Laurance, Pres.; David Clark, Dir.; Robert Talley, Dir.;

David Laurance - President - Mr. Laurance (a Mensa member) has been involved in the oil and gas industry since 1974 and has studied geology at the University of Oregon and Southern Oregon University. He has participated in the drilling of over 300 wells in 10 states and has worked with Chevron, Phillips and Union oil on joint ventures. Mr. Laurance has also acquired and marketed oil concessions in Columbia, Oman, and Indonesia.

Robert Talley - Director - Mr. Talley graduated from the University of Colorado with a BS in Civil Engineering. After a successful career in real estate construction and development; Mr. Talley became involved in promoting oil and gas projects in the Rocky Mountains and Texas. His activities have resulted in several new field discoveries and he currently involved in the acquisition of prospects for Eldorado Exploration in Texas, New Mexico and Utah covering over 20,000 acres. From 1984-1989 he also owned a successful stock brokerage firm in Denver, Colorado.

David Clark - Director - Mr. Clark has served in key marketing, finance and business management roles. He has been involved with oil & gas drilling since 1985. Mr. Clark served as Vice President of Praktek Venture Corporation and North American Country Inns, Inc. for which he was responsible for strategic planning, marketing, capital investment and operations management. He served as Vice President Marketing Operations for Mortgage BancFund Corp. and Vice President of Western States Mortgage Corporation where he was responsible for strategic planning and market development. As a principle of DMC & Associates, he has designed and implemented business and marketing strategies for several developmental-stage financial businesses and one manufacturing business. He served as President of HomeLand Money Centers responsible for all operations and management including governmental compliance and negotiation of national funding sources. He most recently served as President of Intelligent, Resourced, Innovative Services, Inc. (IRIS Marketing), and Chief Financial Officer of, Inc. He has served on the board of directors of North American Country Inns, Inc., USADial-up, eWorldInsurance and also served as a financial advisor to Cyberkey Corp, GiveWiseGames and RenderStorm. He has played a major role in the formation, organization and rollout of several entrepreneurial ventures as well as in capital formation, financing and in the establishment of financial operations and protocol. Mr. Clark graduated with a BA in Economics from BYU.



Eldorado Exploration, Inc.
15707 Rockfield Blvd.
Suite 130
Irvine, CA 92618

Phone: 949-916-0680
Fax: 949-916-0686


Share structure:
A/S:.....10,000,000 (as of 8/20/09)


Most recent EDEP filing:

Moderator retains the right to delete posts as per moderator guidelines set forth and allowed by website. EDEP board is for EDEP discussion only. Posts deemed a threat to fellow shareholders, company, or pps will promptly be removed.

This board is for investors in EDEP and those researching whether to invest in EDEP or not. Opposing views should be accepted as part of the research process.

Discussion of other stocks are welcome on general stock boards. Please use them, or use private messaging.

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#28060   Merry Christmas Tom and to anyone still here kingman 12/11/15 03:28:03 PM
#28059   Merry Christmas Tom and to anyone still here kingman 12/09/14 05:21:47 PM
#28058   Merry Christmas Tom and to anyone still kingman 12/17/13 03:12:12 PM
#28057   "I know he is is still trying...." Jagman 08/25/13 06:53:13 AM
#28056   I know he is is still trying , kingman 08/15/13 08:25:36 PM
#28055   you mean that you're still here among others luckyhoosier 08/15/13 01:09:53 AM
#28054   I watched this one a long time, it bdahl385 03/12/13 12:21:38 AM
#28053   I've been long gone. I made a few Badge714 01/09/13 01:28:34 PM
#28052   Hello Bob. I didn't know that you ragtimecowboy 01/09/13 01:26:15 PM
#28051 Badge714 01/09/13 12:40:16 PM
#28050   Keep checking you may get a surprise someday. kingman 01/09/13 12:36:51 PM
#28049   I check here every week or so, to ragtimecowboy 01/06/13 02:43:36 PM
#28048   Hi ya POP. kingman 12/15/12 09:27:27 PM
#28047   Unless you can beat 78, you're still a ragtimecowboy 12/14/12 11:37:01 AM
#28046   It doesn't take a lot to excite me kingman 12/13/12 11:27:19 PM
#28045   I was curious if you were reading the ragtimecowboy 12/10/12 09:53:34 PM
#28044   Your math skills are a little off. kingman 12/10/12 09:39:55 PM
#28043   A BIG DAY!! $.36 traded. ragtimecowboy 12/10/12 07:45:11 PM
#28042   i did kingman 11/28/12 01:44:26 PM
#28041   Thanks. I'm better at my day job than blue dog 11/27/12 08:02:35 PM
#28040   excellent clarification. luckyhoosier 11/27/12 07:57:44 PM
#28039   I would say that he won all of blue dog 11/27/12 06:55:46 PM
#28038   kingman are you are choosing to regurgitate koolaid luckyhoosier 11/27/12 05:23:09 PM
#28037   He won part of the appeal and its kingman 11/27/12 03:56:42 PM
#28036   sorry double posted. kingman 11/27/12 03:23:23 PM
#28035   The last time you guys ranted about this kingman 11/27/12 03:22:32 PM
#28034   Yup lucky, the ones who invested in this ragtimecowboy 11/27/12 03:16:49 PM
#28033   Those who do not learn history are destined blue dog 11/27/12 12:37:51 PM
#28032   any documentation to support that claim? luckyhoosier 11/27/12 11:34:36 AM
#28031   he won the appeal kingman 11/27/12 11:31:39 AM
#28030   yes old news followed by several more failed luckyhoosier 11/27/12 11:16:01 AM
#28029   The appellate decision that you cited/linked to was blue dog 11/27/12 11:02:39 AM
#28028   A jury convicted Mr. Laurance of two counts luckyhoosier 11/27/12 10:55:27 AM
#28027   The corporate status has been revoked: blue dog 11/27/12 07:32:16 AM
#28026   and hear the same baseless story telling that luckyhoosier 11/27/12 01:15:49 AM
#28025   call him kingman 11/26/12 11:16:32 AM
#28024   kingman, with your PMA you should run for ragtimecowboy 11/25/12 12:23:28 PM
#28023   So, it's like Linus and Sally in the blue dog 11/19/12 07:38:28 PM
#28022   Just saying. kingman 11/19/12 07:33:16 PM
#28021   Seriously? Is it "keeping the faith" if we blue dog 11/19/12 01:48:38 PM
#28020   Keep the Faith baby. kingman 11/19/12 09:42:20 AM
#28019   I'm curios. What's the VALUE of the ragtimecowboy 10/01/12 02:46:26 PM
#28018   I agree he's a good man, but I blue dog 09/29/12 06:25:38 PM
#28017   Just a matter of faith baby. He's a kingman 09/29/12 03:44:41 PM
#28016   We're pretty much in denial without a paddle blue dog 09/29/12 09:01:58 AM
#28015   We're pretty much in denial without a paddle blue dog 09/29/12 09:01:52 AM
#28014   ya gotta be in denial luckyhoosier 09/29/12 01:33:20 AM
#28013   Ya gotta believe . kingman 09/28/12 04:29:46 PM
#28012   It's not even half of zero: blue dog 09/25/12 11:15:51 AM
#28011   I just wander how the PIP is doing. gadawg22 09/25/12 10:52:51 AM