XR Energy, Inc. (XREG)
XR ENERGY UTILIZES ADVANCED REVITA FLOW PRODUCTION PROCESS TO EXTRACT MORE OIL FROM WELLS WITH PROVEN RESERVES THAT CAN NOT NORMALLY BE EXTRACTED.
XR Energy company website: http://xrenergytx.com
XR Energy on Facebook: https://www.facebook.com/xrenergyinc
What is it that sets XR Energy (OTC: XREG) apart from other energy companies our size?
Only XR Energy has the proprietary RevitaFlow Production Process TM… an enhanced oil recovery (EOR) system so advanced its getting wells once thought to be dry flowing again. Because of this XR Energy does not have to be involved in expensive oil exploration, as we already know the oil is under existing wells…It just could never be reached until the newest technological breakthroughs like our RevitaFlow Production Process™.
In the United States alone, the U.S. National Energy Technology Laboratory has reported approximately 218-billion barrels of oil have been left behind. XR Energy’s experienced management team identifies and evaluates the best candidate properties that have been previously discovered but never been fully utilized, and our strategy is to re-discover these known resources and bring them to their fullest potential.
XR Energy is a well positioned independently registered publicly traded company (OTC: XREG) in the oil and gas industry. The focus of our business is to develop, enhance, and remediate multiple oil and gas properties that have proven reserves available, using our state-of-the-art technologies and techniques.
XR Energy is constantly looking to acquire new opportunities that fit our parameters through the enhanced production of existing properties with proven reserves, and also complies with our unique and profitable proprietary lease program.
XR Energy is on the move and has already acquired several lucrative leases. Our seasoned management team only chooses properties that can be enhanced by rework of the existing wells, thus increasing the company’s cash flow and the value of the leases as well.
OUR THREE AREAS OF FOCUS
Today, oil meets 36 percent of US energy demand, with 70 percent directed to fuels used in transportation (Gasoline, diesel and jet fuel) another 24 percent is used in industry and manufacturing, 5 percent is used in the commercial sectors, and 1 percent is used to generate electricity. Petroleum is the main mover of US commerce and its use for transportation has made our world more interconnected.
Natural gas is a valuable energy source often used for heating, cooking, and electricity generation. Currently, approximately 51 percent of US households use natural gas for their home needs. Because natural gas burns cleaner than gasoline or diesel, many companies and municipalities are deploying fleets of natural gas –powered cars, trucks and buses to reduce emissions. Natural gas is also used as a chemical feed stock in the manufacturing of plastics and other commercially important organic chemicals.
In the US natural gas meets 24 percent of US energy demand and because its price is set to decrease in the coming years many households are expected to convert their homes to natural gas, and the market demand is expected to increase manifold in the coming ten years.
Texas and Beyond
Although XR Energy works exclusively in the state of Texas right now, because that’s where the oil and gas are, we have our sights set across the US and worldwide as we grow. With property leasing contracts in place for over 480 acres and over 36 wells currently producing at depths of up to 2,800 feet, we are poised to continue our amazing growth.
Company News: Deccmber 2, 2016 - XR Energy Announces LOI to Purchase New York Based Real Estate Investment and Management Company: http://www.marketwired.com/press-release/xr-energy-announces-loi-purchase-new-york-based-real-estate-investment-management-company-otcqb-xreg-2180320.htm June 21, 2016 - XR Energy Issues Corporate Update: http://www.marketwired.com/press-release/xr-energy-issues-corporate-update-otc-pink-xreg-2136078.htm
- XR ENERGY, Inc, (XREG)
8411 Sterling Street
Irving, TX 75063
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| ||Authorized Shares ||500,000,000 ||a/o Oct 31, 2016 |
| ||Outstanding Shares ||98,053,270 ||a/o Oct 31, 2016 |
| ||-Restricted ||Not Available |
| ||-Unrestricted ||Not Available |
| ||Held at DTC ||Not Available |
| ||Float ||14,918,800 ||a/o Jan 06, 2015 |
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