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Exterra Energy, Inc (fka EENIQ)

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Last Post: 11/28/2012 3:33:39 PM - Followers: 4 - Board type: Free - Posts Today: 0

Exterra Energy Inc. is an oil and gas acquisition, exploration and development company with an established, experienced and successful management team. Led by Mr. Ray Ledesma, this management team has successfully exploited oil and gas opportunities in the Newark East Barnett Shale gas field of North Texas for the past six years. Mr. Ledesma's predecessor company, Star of Texas Energy Services, Inc. was the 39th largest producer out of 110 companies in the Barnett Shale in 2006. Exterra is combining the experience and success of its dynamic management team with solid assets in the Barnett Shale to position it for immediate growth. COMPANY WEBSITE: http://www.exterraenergyinc.com/s/Home.asp Latest filings with the Securities and Exchange Commission (SEC) http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001367387&owner=include&count=40 As with many investments, we are really investing in the management. Below is a little bio-info about those running the company. If they've done things successfully in the past, the expectation is that they will do it again in the future. THE MANAGEMENT TEAM: The management team of Exterra has a long and successful history in the Barnett Shale area, with consistent execution. The Company’s management has been independently rated as one of the most active operators and producers in the Barnett Shale. With a consistent track record, the Company has the advantage of strategic partnering, the possibility of many more future acquisitions, and other opportunities. The Company is also able to rapidly deploy capital, with access to rigs, frac and other service companies. Key to the Company’s strategy is an established, proven, experienced and successful management team led by Mr. Ray Ledesma, the Company’s CEO. Ray is the President of Star Of Texas Energy Services, Inc. He is a graduate of Rice University having earned a BS in Chemical Engineering in 1977. Ray began his career with Amoco Production Company as a petroleum reservoir engineer. He has structured and funded drilling programs that have resulted in over 200 wells and the discovery of five 5 new gas fields. He has drilled and completed over 90 Barnett Shale Wells since 2001. Gordon McDougall - President and Director Prior to joining Exterra Energy, Inc., Mr. McDougall was president of Wentworth Energy, Inc. and a Founding Partner. He was instrumental in growing Wentworth from inception to a company with over $100 million in assets. Mr. McDougall remained Director until July of 2007 when he resigned to focus 100% on Exterra. He is well-versed in raising capital, managing start-up companies and coaching companies through their initial growth. HEAD OFFICE Effective January 1st, 2008, the office was moved to: 1717 St. James Place, Suite 250 Houston, Texas USA 77056 Tel: (713) 877-8847 Fax: (713) 877-8848 Investor Relations Info@exterraenergyinc.com Independent Auditors: Moore & Associates, Chartered 2675 s. Jones Blvd., Suite 109 Las Vegas, Nevada, 89146 (702) 253-7499 Legal Counsel: Robertson & Williams 3033 N.W. 63rd Street, Suite 200 Oklahoma City, Oklahoma 73116-3607 Tel: (405) 848-1944 Transfer Agency: Holladay Stock Transfer Inc. 2939 North 67th Place, Suite “C” Scottsdale, Arizona, 85251 Tel: (480) 481-3940 MAP OF BARNET SHALE The Barnett Shale gas field is estimated to cover 5,000 square miles in at least 17 counties - the largest producing natural gas field in the State of Texas. The Barnett Shale may be the largest onshore natural gas field in the United States with an estimated 30 trillion cubic feet of natural gas. Since October 2001, Mr. Ledesma, has drilled or participated in over 90 successful Barnett Shale wells with a total capital budget in excess of $56 million. To date, these wells have recovered 10.6 BCF of gas and 39,250 barrels of oil, which generates net revenue in excess of $58 million with future revenues estimated in excess of $65 million. Exterra now holds an undivided interest in approximately 17,500 gross acres of Barnett Shale leases with over seventy wells producing on the acreage. On the 17,500 acres, there are also interests in wells being drilled, interests in wells being completed and hard assets such as surface lands and an ownership interest in an intrastate natural gas pipeline, as well as a commercial salt water disposal well. It also owns and operates producing properties in Pecos and McMullen Counties, Texas. Chart:
#426   EENIQ Exterra Energy Inc. New Common Stock monda2frida 11/28/12 03:33:39 PM
#425   Not at all! EENIQ becomes a valuable clean Value_Investor 11/21/12 02:21:11 PM
#424   You must not have pacer. "Also, all trendtraderz 11/21/12 02:18:38 PM
#423   The bid is up 7.7% so far! Bottomed Value_Investor 11/21/12 02:00:13 PM
#422   Disagree! 20K-0.0014 x 10K-0.01 now. Easy back to Value_Investor 11/21/12 01:46:38 PM
#421   toast. trendtraderz 11/21/12 12:56:39 PM
#420   0.006 x 0.0175 now. Total over 24K shares Value_Investor 11/14/12 12:34:32 PM
#419   0.006 x 0.012 now. Extremely oversold and undervalued Value_Investor 11/13/12 02:48:42 PM
#418   0.01 x 0.0198 now. 20,000 shares slapped at Value_Investor 11/13/12 11:45:03 AM
#417   0.007 x 0.0198. Super tiny float! The next Value_Investor 11/09/12 03:53:55 PM
#416   0.005 x 0.0198 now. Only 10M shares tiny Value_Investor 11/09/12 01:25:34 PM
#415   0.004 x 0.0198 now. It is heading onto Value_Investor 11/09/12 01:19:31 PM
#414   0.003 x 0.0198 now. 0.0198 just hit! Value_Investor 11/09/12 01:00:41 PM
#413   0.003 x 0.006 now. The next ask is Value_Investor 09/14/12 10:10:22 AM
#412   EENIQ is trading at huge discount price levels Value_Investor 09/10/12 01:31:28 PM
#411   That is great news! Anyway only 5,000 shares Value_Investor 09/10/12 12:43:55 PM
#410   0.003 x 0.006 now. Up 200% so far! Value_Investor 09/10/12 12:13:14 PM
#409   0.002 x 0.006 now. The bid is up Value_Investor 08/08/12 12:19:01 PM
#408   It seems 0.0006 has already formed a very Value_Investor 08/05/12 03:29:01 PM
#407   Another new 52-week low 0.0011 was created a Value_Investor 07/08/12 02:25:35 PM
#406   New 52-week low 0.002 was created! It is Value_Investor 05/24/12 12:00:35 PM
#405   What a fraudulent piece of shi.t, promoted by joelu 10/18/11 11:44:27 AM
#404   Waiting nearly 2 month for the merger-news, which joelu 04/20/11 12:53:53 PM
#403   NEWS OUT !!! NEWS OUT !!! NEWS OUT frenchi 04/20/11 09:08:01 AM
#401   Exterra Energy, Inc. Updates Merger Activity Lawuki2005 03/29/11 08:48:25 AM
#400   So now here is hot - I can frenchi 03/07/11 09:20:30 AM
#399   Head Office: Exterra Energy Inc.Email: info@exterraenergyinc.com frenchi 03/06/11 03:33:12 PM
#398   Todd R. Royal, President, CEO frenchi 03/06/11 03:29:39 PM
#397   Robert Royal, Chairman frenchi 03/06/11 03:27:58 PM
#396   Exterra Energy, Inc. ersucht Investmentbanker um Unterstützung bei frenchi 03/06/11 12:14:38 PM
#395   NEWS!!! NEWS!!! NEWS!!! NEWS!!! NEWS!!! NEWS!!! NEWS!!! NEWS!!! joelu 02/24/11 10:49:34 AM
#394   Who is EENI merging with, UPDV? In A44975 01/18/11 03:27:15 PM
#393   if there is any truth in this, then turn around 08/11/10 08:57:50 AM
#392   Start your engines! copleybmt 08/04/10 01:41:11 PM
#391   18-Sep-2009 Entry into a Material Definitive Agreement turn around 09/21/09 03:28:06 AM
#390   http://app.quotemedia.com/quotetools/showFiling.go?name=EXTERRA%20ENERGY%20INC.: InvestorQueen 07/20/09 01:24:08 PM
#389   The stock is really moving today!! InvestorQueen 05/28/09 01:15:42 PM
#388   I saw EENI present in San Francisco last Stockguru55 05/21/09 10:26:18 AM
#387   Exterra Energy, Inc. Announces 100 Shares to All di4 05/18/09 02:28:49 PM
#386   Exterra Energy Inc. Announces New Stock Symbol as EENI.ob di4 05/11/09 05:10:38 PM
#385   Exterra Energy, Inc. Announces Corporate Cash Dividend Policy; InvestorQueen 04/28/09 03:51:53 PM
#384   Exterra Energy, Inc. Announces New Management Acquisition Strategy, InvestorQueen 04/28/09 03:50:23 PM
#383   I think I was the moderator of this RandyKCMO 01/28/09 03:37:27 PM
#382   One thing is pretty clear....we have a whole RandyKCMO 01/28/09 03:35:58 PM
#381   So far it looks like the stock price RandyKCMO 01/28/09 03:33:55 PM
#380   Well, it seems that the company has unraveled RandyKCMO 01/28/09 03:32:40 PM
#378   August 31, 2008 10Q Released.... RandyKCMO 10/16/08 02:17:48 PM
#377   Well, I think you're probably over optimistic to RandyKCMO 09/27/08 12:55:42 PM
#376   Guys its a million dollar company and the AvalosJuan 09/25/08 03:24:28 PM
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