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Great News on ERFB!
ERF Wireless Continues to Grow Its Banking Sector Revenue in Addition to WISP and Oil and Gas Revenues
LEAGUE CITY, TX--(Marketwire -10/20/11)- ERF Wireless (OTC.BB: ERFB.OB - News), a leading provider of enterprise-class wireless and broadband products and services, announced today that its Enterprise Network Services Division (ENS) has been actively working with its existing banking customers in Texas and Louisiana to meet their needs for expanded and upgraded services, including the addition of new service areas that accommodate their growing wireless network coverage requirements. Specifically, ENS recently completed the addition of one new branch location for one bank customer and is now in the process of finalizing plans for the addition of four new branch locations for two other bank customers. These new bank projects are providing both one-time and recurring revenue that is in addition to the long-term recurring revenue that each of these bank customers currently provides ERF Wireless.
Dr. H. Dean Cubley, CEO of ERF Wireless, commented, "Since the banking sector has been under intense pressure from the current financial crisis, ENS suspended allocating major resources on marketing to that sector. Instead, the company temporarily focused much of its attention on using many of its existing bank networks to service its oil and gas and WISP customers. In addition, some resources have been expended in firming up patent protection, improving the CryptoVue® product line, servicing our existing banking customers and expanding and upgrading their existing networks."
Dr. Cubley went on to note that ENS has also begun developing additional vertical markets for wireless broadband in the educational and healthcare sectors. Going forward, ERF Wireless will maintain this balanced approach of using all of its wireless networks to generate multiple revenue streams from residential and commercial WISP customers, bank customers and oil and gas customers.
Currently, the revenue from the company's Energy Broadband subsidiary is growing at such a rapid rate that the majority of the company's resources are focused on the oil and gas sector. The company also recently announced a new financing arrangement that will enable its oil and gas business to grow at an even faster pace. However, when the banking sector recovers, ERF Wireless will be ready with a proven and satisfied customer base, a proven and patented CryptoVue® product, and the available personnel and resources to quickly expand this important market.
About ERF Wireless
ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of Energy Broadband Inc., ERF Enterprise Network Services, ERF Bundled Wireless Services, ERF Wireless Messaging Services and ERF Network Services. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years. For more information, please visit our websites at www.erfwireless.com and www.erfwireless.net or call 281-538-2101. (ERFBG)
ERFB News Update!
ERF Wireless Continues to Grow Its Banking Sector Revenue in Addition to WISP and Oil and Gas Revenues
LEAGUE CITY, TX--(Marketwire -10/20/11)- ERF Wireless (OTC.BB: ERFB.OB - News), a leading provider of enterprise-class wireless and broadband products and services, announced today that its Enterprise Network Services Division (ENS) has been actively working with its existing banking customers in Texas and Louisiana to meet their needs for expanded and upgraded services, including the addition of new service areas that accommodate their growing wireless network coverage requirements. Specifically, ENS recently completed the addition of one new branch location for one bank customer and is now in the process of finalizing plans for the addition of four new branch locations for two other bank customers. These new bank projects are providing both one-time and recurring revenue that is in addition to the long-term recurring revenue that each of these bank customers currently provides ERF Wireless.
Dr. H. Dean Cubley, CEO of ERF Wireless, commented, "Since the banking sector has been under intense pressure from the current financial crisis, ENS suspended allocating major resources on marketing to that sector. Instead, the company temporarily focused much of its attention on using many of its existing bank networks to service its oil and gas and WISP customers. In addition, some resources have been expended in firming up patent protection, improving the CryptoVue® product line, servicing our existing banking customers and expanding and upgrading their existing networks."
Dr. Cubley went on to note that ENS has also begun developing additional vertical markets for wireless broadband in the educational and healthcare sectors. Going forward, ERF Wireless will maintain this balanced approach of using all of its wireless networks to generate multiple revenue streams from residential and commercial WISP customers, bank customers and oil and gas customers.
Currently, the revenue from the company's Energy Broadband subsidiary is growing at such a rapid rate that the majority of the company's resources are focused on the oil and gas sector. The company also recently announced a new financing arrangement that will enable its oil and gas business to grow at an even faster pace. However, when the banking sector recovers, ERF Wireless will be ready with a proven and satisfied customer base, a proven and patented CryptoVue® product, and the available personnel and resources to quickly expand this important market.
About ERF Wireless
ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of Energy Broadband Inc., ERF Enterprise Network Services, ERF Bundled Wireless Services, ERF Wireless Messaging Services and ERF Network Services. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years. For more information, please visit our websites at www.erfwireless.com and www.erfwireless.net or call 281-538-2101. (ERFBG)
Time to Bag this One!
ERF Wireless Continues to Grow Its Banking Sector Revenue in Addition to WISP and Oil and Gas Revenues
LEAGUE CITY, TX--(Marketwire -10/20/11)- ERF Wireless (OTC.BB: ERFB.OB - News), a leading provider of enterprise-class wireless and broadband products and services, announced today that its Enterprise Network Services Division (ENS) has been actively working with its existing banking customers in Texas and Louisiana to meet their needs for expanded and upgraded services, including the addition of new service areas that accommodate their growing wireless network coverage requirements. Specifically, ENS recently completed the addition of one new branch location for one bank customer and is now in the process of finalizing plans for the addition of four new branch locations for two other bank customers. These new bank projects are providing both one-time and recurring revenue that is in addition to the long-term recurring revenue that each of these bank customers currently provides ERF Wireless.
Dr. H. Dean Cubley, CEO of ERF Wireless, commented, "Since the banking sector has been under intense pressure from the current financial crisis, ENS suspended allocating major resources on marketing to that sector. Instead, the company temporarily focused much of its attention on using many of its existing bank networks to service its oil and gas and WISP customers. In addition, some resources have been expended in firming up patent protection, improving the CryptoVue® product line, servicing our existing banking customers and expanding and upgrading their existing networks."
Dr. Cubley went on to note that ENS has also begun developing additional vertical markets for wireless broadband in the educational and healthcare sectors. Going forward, ERF Wireless will maintain this balanced approach of using all of its wireless networks to generate multiple revenue streams from residential and commercial WISP customers, bank customers and oil and gas customers.
Currently, the revenue from the company's Energy Broadband subsidiary is growing at such a rapid rate that the majority of the company's resources are focused on the oil and gas sector. The company also recently announced a new financing arrangement that will enable its oil and gas business to grow at an even faster pace. However, when the banking sector recovers, ERF Wireless will be ready with a proven and satisfied customer base, a proven and patented CryptoVue® product, and the available personnel and resources to quickly expand this important market.
About ERF Wireless
ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of Energy Broadband Inc., ERF Enterprise Network Services, ERF Bundled Wireless Services, ERF Wireless Messaging Services and ERF Network Services. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years. For more information, please visit our websites at www.erfwireless.com and www.erfwireless.net or call 281-538-2101. (ERFBG)
ERFB News Update!
ERF Wireless Continues to Grow Its Banking Sector Revenue in Addition to WISP and Oil and Gas Revenues
LEAGUE CITY, TX--(Marketwire -10/20/11)- ERF Wireless (OTC.BB: ERFB.OB - News), a leading provider of enterprise-class wireless and broadband products and services, announced today that its Enterprise Network Services Division (ENS) has been actively working with its existing banking customers in Texas and Louisiana to meet their needs for expanded and upgraded services, including the addition of new service areas that accommodate their growing wireless network coverage requirements. Specifically, ENS recently completed the addition of one new branch location for one bank customer and is now in the process of finalizing plans for the addition of four new branch locations for two other bank customers. These new bank projects are providing both one-time and recurring revenue that is in addition to the long-term recurring revenue that each of these bank customers currently provides ERF Wireless.
Dr. H. Dean Cubley, CEO of ERF Wireless, commented, "Since the banking sector has been under intense pressure from the current financial crisis, ENS suspended allocating major resources on marketing to that sector. Instead, the company temporarily focused much of its attention on using many of its existing bank networks to service its oil and gas and WISP customers. In addition, some resources have been expended in firming up patent protection, improving the CryptoVue® product line, servicing our existing banking customers and expanding and upgrading their existing networks."
Dr. Cubley went on to note that ENS has also begun developing additional vertical markets for wireless broadband in the educational and healthcare sectors. Going forward, ERF Wireless will maintain this balanced approach of using all of its wireless networks to generate multiple revenue streams from residential and commercial WISP customers, bank customers and oil and gas customers.
Currently, the revenue from the company's Energy Broadband subsidiary is growing at such a rapid rate that the majority of the company's resources are focused on the oil and gas sector. The company also recently announced a new financing arrangement that will enable its oil and gas business to grow at an even faster pace. However, when the banking sector recovers, ERF Wireless will be ready with a proven and satisfied customer base, a proven and patented CryptoVue® product, and the available personnel and resources to quickly expand this important market.
About ERF Wireless
ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of Energy Broadband Inc., ERF Enterprise Network Services, ERF Bundled Wireless Services, ERF Wireless Messaging Services and ERF Network Services. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years. For more information, please visit our websites at www.erfwireless.com and www.erfwireless.net or call 281-538-2101. (ERFBG)
ERFB Goodie of the Week!
ERF Wireless Continues to Grow Its Banking Sector Revenue in Addition to WISP and Oil and Gas Revenues
LEAGUE CITY, TX--(Marketwire -10/20/11)- ERF Wireless (OTC.BB: ERFB.OB - News), a leading provider of enterprise-class wireless and broadband products and services, announced today that its Enterprise Network Services Division (ENS) has been actively working with its existing banking customers in Texas and Louisiana to meet their needs for expanded and upgraded services, including the addition of new service areas that accommodate their growing wireless network coverage requirements. Specifically, ENS recently completed the addition of one new branch location for one bank customer and is now in the process of finalizing plans for the addition of four new branch locations for two other bank customers. These new bank projects are providing both one-time and recurring revenue that is in addition to the long-term recurring revenue that each of these bank customers currently provides ERF Wireless.
Dr. H. Dean Cubley, CEO of ERF Wireless, commented, "Since the banking sector has been under intense pressure from the current financial crisis, ENS suspended allocating major resources on marketing to that sector. Instead, the company temporarily focused much of its attention on using many of its existing bank networks to service its oil and gas and WISP customers. In addition, some resources have been expended in firming up patent protection, improving the CryptoVue® product line, servicing our existing banking customers and expanding and upgrading their existing networks."
Dr. Cubley went on to note that ENS has also begun developing additional vertical markets for wireless broadband in the educational and healthcare sectors. Going forward, ERF Wireless will maintain this balanced approach of using all of its wireless networks to generate multiple revenue streams from residential and commercial WISP customers, bank customers and oil and gas customers.
Currently, the revenue from the company's Energy Broadband subsidiary is growing at such a rapid rate that the majority of the company's resources are focused on the oil and gas sector. The company also recently announced a new financing arrangement that will enable its oil and gas business to grow at an even faster pace. However, when the banking sector recovers, ERF Wireless will be ready with a proven and satisfied customer base, a proven and patented CryptoVue® product, and the available personnel and resources to quickly expand this important market.
About ERF Wireless
ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of Energy Broadband Inc., ERF Enterprise Network Services, ERF Bundled Wireless Services, ERF Wireless Messaging Services and ERF Network Services. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years. For more information, please visit our websites at www.erfwireless.com and www.erfwireless.net or call 281-538-2101. (ERFBG)
ERF Wireless Continues to Grow
ERF Wireless Continues to Grow Its Banking Sector Revenue in Addition to WISP and Oil and Gas Revenues
LEAGUE CITY, TX--(Marketwire -10/20/11)- ERF Wireless (OTC.BB: ERFB.OB - News), a leading provider of enterprise-class wireless and broadband products and services, announced today that its Enterprise Network Services Division (ENS) has been actively working with its existing banking customers in Texas and Louisiana to meet their needs for expanded and upgraded services, including the addition of new service areas that accommodate their growing wireless network coverage requirements. Specifically, ENS recently completed the addition of one new branch location for one bank customer and is now in the process of finalizing plans for the addition of four new branch locations for two other bank customers. These new bank projects are providing both one-time and recurring revenue that is in addition to the long-term recurring revenue that each of these bank customers currently provides ERF Wireless.
Dr. H. Dean Cubley, CEO of ERF Wireless, commented, "Since the banking sector has been under intense pressure from the current financial crisis, ENS suspended allocating major resources on marketing to that sector. Instead, the company temporarily focused much of its attention on using many of its existing bank networks to service its oil and gas and WISP customers. In addition, some resources have been expended in firming up patent protection, improving the CryptoVue® product line, servicing our existing banking customers and expanding and upgrading their existing networks."
Dr. Cubley went on to note that ENS has also begun developing additional vertical markets for wireless broadband in the educational and healthcare sectors. Going forward, ERF Wireless will maintain this balanced approach of using all of its wireless networks to generate multiple revenue streams from residential and commercial WISP customers, bank customers and oil and gas customers.
Currently, the revenue from the company's Energy Broadband subsidiary is growing at such a rapid rate that the majority of the company's resources are focused on the oil and gas sector. The company also recently announced a new financing arrangement that will enable its oil and gas business to grow at an even faster pace. However, when the banking sector recovers, ERF Wireless will be ready with a proven and satisfied customer base, a proven and patented CryptoVue® product, and the available personnel and resources to quickly expand this important market.
About ERF Wireless
ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of Energy Broadband Inc., ERF Enterprise Network Services, ERF Bundled Wireless Services, ERF Wireless Messaging Services and ERF Network Services. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years. For more information, please visit our websites at www.erfwireless.com and www.erfwireless.net or call 281-538-2101. (ERFBG)
Great News on ERFB
ERF Wireless Continues to Grow Its Banking Sector Revenue in Addition to WISP and Oil and Gas Revenues
LEAGUE CITY, TX--(Marketwire -10/20/11)- ERF Wireless (OTC.BB: ERFB.OB - News), a leading provider of enterprise-class wireless and broadband products and services, announced today that its Enterprise Network Services Division (ENS) has been actively working with its existing banking customers in Texas and Louisiana to meet their needs for expanded and upgraded services, including the addition of new service areas that accommodate their growing wireless network coverage requirements. Specifically, ENS recently completed the addition of one new branch location for one bank customer and is now in the process of finalizing plans for the addition of four new branch locations for two other bank customers. These new bank projects are providing both one-time and recurring revenue that is in addition to the long-term recurring revenue that each of these bank customers currently provides ERF Wireless.
Dr. H. Dean Cubley, CEO of ERF Wireless, commented, "Since the banking sector has been under intense pressure from the current financial crisis, ENS suspended allocating major resources on marketing to that sector. Instead, the company temporarily focused much of its attention on using many of its existing bank networks to service its oil and gas and WISP customers. In addition, some resources have been expended in firming up patent protection, improving the CryptoVue® product line, servicing our existing banking customers and expanding and upgrading their existing networks."
Dr. Cubley went on to note that ENS has also begun developing additional vertical markets for wireless broadband in the educational and healthcare sectors. Going forward, ERF Wireless will maintain this balanced approach of using all of its wireless networks to generate multiple revenue streams from residential and commercial WISP customers, bank customers and oil and gas customers.
Currently, the revenue from the company's Energy Broadband subsidiary is growing at such a rapid rate that the majority of the company's resources are focused on the oil and gas sector. The company also recently announced a new financing arrangement that will enable its oil and gas business to grow at an even faster pace. However, when the banking sector recovers, ERF Wireless will be ready with a proven and satisfied customer base, a proven and patented CryptoVue® product, and the available personnel and resources to quickly expand this important market.
About ERF Wireless
ERF Wireless Inc. is a fully reporting public corporation located in League City, Texas, and is the parent company of Energy Broadband Inc., ERF Enterprise Network Services, ERF Bundled Wireless Services, ERF Wireless Messaging Services and ERF Network Services. The company specializes in providing wireless and broadband product and service solutions to enterprise, commercial and residential clients on a regional, national and international basis. Its principals have been in the wireless broadband, network integration, triple-play FTTH, IPTV and content delivery business for more than 40 years. For more information, please visit our websites at www.erfwireless.com and www.erfwireless.net or call 281-538-2101. (ERFBG)
Look Out
ERFB $3.20
Huge settlement with Schlumberger to drive share price to teens!
Should be Good
ERFB $3.20
Huge settlement with Schlumberger to drive share price to teens!
Should be Big
ERFB $3.20
Huge settlement with Schlumberger to drive share price to teens!
ERFB $3.20
Huge settlement with Schlumberger to drive share price to teens!
ERFB $3.20
Huge settlement with Schlumberger to drive share price to teens!
ERFB $3.20
Huge settlement with Schlumberger to drive share price to teens!
ERFB Research Report
ERF Wireless Inc.
Company Overview
Stock Information
Symbol:
ERFB
Exchange:
OTCBB
Recent Price:
$5.00
Market Cap:
7.1M
Shares Outstanding:
1.7M
Approx Float:
1.5M
52 Week Range:
$0.25 - $22.50
For more information please
contact:
ERF Wireless Inc.
Phone: (800) 538-9050
www.erfwireless.com
www.energybroadband.com
Fact Sheet - ERF Wireless Inc. (ERFB.OB)
Key Vertical Markets
ERF Wireless Inc. is a fully reporting public corporation, founded in 2004, headquartered in League
City, Texas. The primary objective of ERF Wireless is
the generation of a protable recurring revenue
base from highly satised wireless broadband
customers in North American traditional rural
based wireless Internet service markets overlaid by
specialized vertical wireless markets that utilize
this same rural wireless network infrastructure to
generate even more recurring revenue.
The approach that was utilized to achieve this
objective has been an aggressive acquisition of
sixteen of the most promising competing wireless
broadband networks in these targeted rural
markets combined with a steady build-out of
additional networks in areas needing expanded
wireless coverage. In addition, ERF Wireless has
contracted for even more rural wireless network
coverage through a series of Master Service agreements with wireless companies throughout much
of the U.S. and Canada. ERF Wireless can now
provide its customers, as a result of all of these
activities, one of the largest rural wireless broadband networks in North America covering more
than 450,000 square miles across nine states and
two Canadian providences including Texas,
Oklahoma, Arkansas, Colorado, Kansas, Wyoming,
North Dakota, Louisiana and New Mexico.
The company has regional oces located throughout many of the more active of these areas including Pampa, Lubbock, Odessa, Justin, and Plains
Texas. In addition, a new regional oce is currently
being opened in North Dakota.
ERF Wireless uses its wireless network infrastructure to provide Internet bandwidth to traditional
rural residential and commercial customers as well
as vertical markets such as, regional banks, the oil
and gas industry, healthcare institutions, enterprise, and educational institutions. The regional
banking industry and the oil and gas industry
currently are the largest ERF Wireless vertical
markets comprising more than 50% of the ERF
Wireless revenue with the remainder coming from
basic residential and commercial wireless broadband Internet customers.
Energy Broadband Subsidiary Serving
the Oil and Gas Industry
Overview---The Energy Broadband Inc. (EBI)
subsidiary of ERF Wireless was started in 2007 to
service the wireless broadband needs of the oil
and gas industry in the rural areas of North
America. Many of the ERF Wireless acquisitions
have been in the most prolic oil and gas exploration regions of the U.S. giving ERF Wireless by far
the largest and most strategically placed wireless
broadband network in the oil and gas regions of
North America. The expansive nature of many of
the new software programs utilized by the oil and
gas industry have had the eect of rendering their
traditional VSAT satellite communications solution
ineective for modern real time operations due to
its inherently large signal transit time delay.
Key Executives
Dr. H. Dean Cubley
CEO, Chairman
Richard R. Royall
CFO
R. Greg Smith
Director and CEO of ERF
Enterprise Network Services
John Nagel
CEO of Energy Broadband
As a result, the ERF Wireless extremely fast terrestial wireless broadband Internet solution is
preferred and in great demand. Other methods of
obtaining terrestrial wireless broadband in these
extremely remote oil and gas regions are also
almost non-existent in these rural areas. ERF
Wireless utilizes a eet of almost 200 trailer
mounted 50 foot erectable towers (MBT’s) to
service the oil and gas industry directly at the
drilling site. EBI technicians deploy these trailers
behind a eet of trucks to the drill site, erect the
tower and establish a wireless connection back to
one of the towers that may be up to 25 miles away
in the ERF Wireless xed network. When the
drilling rig moves to a new location the EBI technician moves the trailer mounted tower to the new
location and this nomadic process starts all over
again.
Current Projects--- EBI is currently deployed
and supporting major multiple Fortune 500
oil and gas customers in all the major oil and
gas exploration regions of Texas, Louisiana,
New Mexico, Oklahoma, and will soon begin
operations in North Dakota. The EBI revenue
has been steadily growing as more and more
new customers begin service and new
operating regions intitiate service.
Future Plans---Expanded operations are
planned for EBI as new operating regions
are opened up for service, additional MBT
trailers are delivered, and new products are
added to this already highly protable
business unit.
Enterprise Network Services Division
Serving the Regional Banking
Industry
Future Plans---ENS is currently expanding
and upgrading numerous locations such as
the bank shown above, for its current banking customers while planning new networks
for future bank customers.
Recent Investments
CEO Family---The family of the CEO has
invested approximately 70% of all of the
outside capital needed to grow the
company from its formation to its current
size, will continue to provide a $12M credit
facility to the company, and is committed to
long term shareholder value.
Dakota Capital Fund---Recently ERF
Wireless announced that it has negotiated a
three million dollar debt nance package
primarily to be utilized to accelerate the
growth of the wireless broadband oering
to the oil and gas industry.
The Outlook
ERF Wireless will continue to grow its recurring revenue base in all of its business
segments with the most pronounced
growth and protability expected to be in
the oil and gas business of Energy Broadband. The company looks forward to near
term protability and the continued growth
of shareholder value.
Overview---The Enterprise Network Services
(ENS) Division of ERF Wireless primarily
provides wireless broadband connectivity to
the regional banking industry in the U.S. and
also provides similar services to rural school
districts, hospitals and clinics. ENS has developed a patented proprietary hardware and
software solution allowing its bank customers
to meet the stringent requirements of the
federal banking regulators when deploying
wireless broadband solutions to replace
leased telephone company circuits servicing
their banks. ENS typically is contracted by the
bank to design and implement a wireless
broadband solution to connect their various
bank branches together and to their operations center. ENS then designs wireless circuits
from each bank location out to the ERF
Wireless owned network in the area using its
patented CryptoView technology. After the
bank network is operational ENS provides
monitoring services and maintains the
network. Thus ENS generates both one time
construction revenue as well as long term
recurring revenue on each bank network
contract it enters into.
Fact Sheet - ERF Wireless Inc. (ERFB.OB)
ERF Wireless Inc.
Company Overview
Stock Information
Symbol:
ERFB
Exchange:
OTCBB
Recent Price:
$5.00
Market Cap:
7.1M
Shares Outstanding:
1.7M
Approx Float:
1.5M
52 Week Range:
$0.25 - $22.50
For more information please
contact:
ERF Wireless Inc.
Phone: (800) 538-9050
www.erfwireless.com
www.energybroadband.com
Fact Sheet - ERF Wireless Inc. (ERFB.OB)
Key Vertical Markets
ERF Wireless Inc. is a fully reporting public corporation, founded in 2004, headquartered in League
City, Texas. The primary objective of ERF Wireless is
the generation of a protable recurring revenue
base from highly satised wireless broadband
customers in North American traditional rural
based wireless Internet service markets overlaid by
specialized vertical wireless markets that utilize
this same rural wireless network infrastructure to
generate even more recurring revenue.
The approach that was utilized to achieve this
objective has been an aggressive acquisition of
sixteen of the most promising competing wireless
broadband networks in these targeted rural
markets combined with a steady build-out of
additional networks in areas needing expanded
wireless coverage. In addition, ERF Wireless has
contracted for even more rural wireless network
coverage through a series of Master Service agreements with wireless companies throughout much
of the U.S. and Canada. ERF Wireless can now
provide its customers, as a result of all of these
activities, one of the largest rural wireless broadband networks in North America covering more
than 450,000 square miles across nine states and
two Canadian providences including Texas,
Oklahoma, Arkansas, Colorado, Kansas, Wyoming,
North Dakota, Louisiana and New Mexico.
The company has regional oces located throughout many of the more active of these areas including Pampa, Lubbock, Odessa, Justin, and Plains
Texas. In addition, a new regional oce is currently
being opened in North Dakota.
ERF Wireless uses its wireless network infrastructure to provide Internet bandwidth to traditional
rural residential and commercial customers as well
as vertical markets such as, regional banks, the oil
and gas industry, healthcare institutions, enterprise, and educational institutions. The regional
banking industry and the oil and gas industry
currently are the largest ERF Wireless vertical
markets comprising more than 50% of the ERF
Wireless revenue with the remainder coming from
basic residential and commercial wireless broadband Internet customers.
Energy Broadband Subsidiary Serving
the Oil and Gas Industry
Overview---The Energy Broadband Inc. (EBI)
subsidiary of ERF Wireless was started in 2007 to
service the wireless broadband needs of the oil
and gas industry in the rural areas of North
America. Many of the ERF Wireless acquisitions
have been in the most prolic oil and gas exploration regions of the U.S. giving ERF Wireless by far
the largest and most strategically placed wireless
broadband network in the oil and gas regions of
North America. The expansive nature of many of
the new software programs utilized by the oil and
gas industry have had the eect of rendering their
traditional VSAT satellite communications solution
ineective for modern real time operations due to
its inherently large signal transit time delay.
Key Executives
Dr. H. Dean Cubley
CEO, Chairman
Richard R. Royall
CFO
R. Greg Smith
Director and CEO of ERF
Enterprise Network Services
John Nagel
CEO of Energy Broadband
As a result, the ERF Wireless extremely fast terrestial wireless broadband Internet solution is
preferred and in great demand. Other methods of
obtaining terrestrial wireless broadband in these
extremely remote oil and gas regions are also
almost non-existent in these rural areas. ERF
Wireless utilizes a eet of almost 200 trailer
mounted 50 foot erectable towers (MBT’s) to
service the oil and gas industry directly at the
drilling site. EBI technicians deploy these trailers
behind a eet of trucks to the drill site, erect the
tower and establish a wireless connection back to
one of the towers that may be up to 25 miles away
in the ERF Wireless xed network. When the
drilling rig moves to a new location the EBI technician moves the trailer mounted tower to the new
location and this nomadic process starts all over
again.
Current Projects--- EBI is currently deployed
and supporting major multiple Fortune 500
oil and gas customers in all the major oil and
gas exploration regions of Texas, Louisiana,
New Mexico, Oklahoma, and will soon begin
operations in North Dakota. The EBI revenue
has been steadily growing as more and more
new customers begin service and new
operating regions intitiate service.
Future Plans---Expanded operations are
planned for EBI as new operating regions
are opened up for service, additional MBT
trailers are delivered, and new products are
added to this already highly protable
business uEnterprise Network Services Division
Serving the Regional Banking
Industry
Future Plans---ENS is currently expanding
and upgrading numerous locations such as
the bank shown above, for its current banking customers while planning new networks
for future bank customers.
Recent Investments
CEO Family---The family of the CEO has
invested approximately 70% of all of the
outside capital needed to grow the
company from its formation to its current
size, will continue to provide a $12M credit
facility to the company, and is committed to
long term shareholder value.
Dakota Capital Fund---Recently ERF
Wireless announced that it has negotiated a
three million dollar debt nance package
primarily to be utilized to accelerate the
growth of the wireless broadband oering
to the oil and gas industry.
The Outlook
ERF Wireless will continue to grow its recurring revenue base in all of its business
segments with the most pronounced
growth and protability expected to be in
the oil and gas business of Energy Broadband. The company looks forward to near
term protability and the continued growth
of shareholder value.
Overview---The Enterprise Network Services
(ENS) Division of ERF Wireless primarily
provides wireless broadband connectivity to
the regional banking industry in the U.S. and
also provides similar services to rural school
districts, hospitals and clinics. ENS has developed a patented proprietary hardware and
software solution allowing its bank customers
to meet the stringent requirements of the
federal banking regulators when deploying
wireless broadband solutions to replace
leased telephone company circuits servicing
their banks. ENS typically is contracted by the
bank to design and implement a wireless
broadband solution to connect their various
bank branches together and to their operations center. ENS then designs wireless circuits
from each bank location out to the ERF
Wireless owned network in the area using its
patented CryptoView technology. After the
bank network is operational ENS provides
monitoring services and maintains the
network. Thus ENS generates both one time
construction revenue as well as long term
recurring revenue on each bank network
contract it enters into.
Current Projects---ENS has constructed
since 2006 and is currently servicing numerous wireless broadband bank networks in
Texas and Louisiana connecting approximately 125 banks into the ERF Wireless rural
network system.
ERF WIRELESS!!!
ERF Wireless Inc.
Company Overview
Stock Information
Symbol:
ERFB
Exchange:
OTCBB
Recent Price:
$5.00
Market Cap:
7.1M
Shares Outstanding:
1.7M
Approx Float:
1.5M
52 Week Range:
$0.25 - $22.50
For more information please
contact:
ERF Wireless Inc.
Phone: (800) 538-9050
www.erfwireless.com
www.energybroadband.com
Fact Sheet - ERF Wireless Inc. (ERFB.OB)
Key Vertical Markets
ERF Wireless Inc. is a fully reporting public corporation, founded in 2004, headquartered in League
City, Texas. The primary objective of ERF Wireless is
the generation of a protable recurring revenue
base from highly satised wireless broadband
customers in North American traditional rural
based wireless Internet service markets overlaid by
specialized vertical wireless markets that utilize
this same rural wireless network infrastructure to
generate even more recurring revenue.
The approach that was utilized to achieve this
objective has been an aggressive acquisition of
sixteen of the most promising competing wireless
broadband networks in these targeted rural
markets combined with a steady build-out of
additional networks in areas needing expanded
wireless coverage. In addition, ERF Wireless has
contracted for even more rural wireless network
coverage through a series of Master Service agreements with wireless companies throughout much
of the U.S. and Canada. ERF Wireless can now
provide its customers, as a result of all of these
activities, one of the largest rural wireless broadband networks in North America covering more
than 450,000 square miles across nine states and
two Canadian providences including Texas,
Oklahoma, Arkansas, Colorado, Kansas, Wyoming,
North Dakota, Louisiana and New Mexico.
The company has regional oces located throughout many of the more active of these areas including Pampa, Lubbock, Odessa, Justin, and Plains
Texas. In addition, a new regional oce is currently
being opened in North Dakota.
ERF Wireless uses its wireless network infrastructure to provide Internet bandwidth to traditional
rural residential and commercial customers as well
as vertical markets such as, regional banks, the oil
and gas industry, healthcare institutions, enterprise, and educational institutions. The regional
banking industry and the oil and gas industry
currently are the largest ERF Wireless vertical
markets comprising more than 50% of the ERF
Wireless revenue with the remainder coming from
basic residential and commercial wireless broadband Internet customers.
Energy Broadband Subsidiary Serving
the Oil and Gas Industry
Overview---The Energy Broadband Inc. (EBI)
subsidiary of ERF Wireless was started in 2007 to
service the wireless broadband needs of the oil
and gas industry in the rural areas of North
America. Many of the ERF Wireless acquisitions
have been in the most prolic oil and gas exploration regions of the U.S. giving ERF Wireless by far
the largest and most strategically placed wireless
broadband network in the oil and gas regions of
North America. The expansive nature of many of
the new software programs utilized by the oil and
gas industry have had the eect of rendering their
traditional VSAT satellite communications solution
ineective for modern real time operations due to
its inherently large signal transit time delay.
Key Executives
Dr. H. Dean Cubley
CEO, Chairman
Richard R. Royall
CFO
R. Greg Smith
Director and CEO of ERF
Enterprise Network Services
John Nagel
CEO of Energy Broadband
As a result, the ERF Wireless extremely fast terrestial wireless broadband Internet solution is
preferred and in great demand. Other methods of
obtaining terrestrial wireless broadband in these
extremely remote oil and gas regions are also
almost non-existent in these rural areas. ERF
Wireless utilizes a eet of almost 200 trailer
mounted 50 foot erectable towers (MBT’s) to
service the oil and gas industry directly at the
drilling site. EBI technicians deploy these trailers
behind a eet of trucks to the drill site, erect the
tower and establish a wireless connection back to
one of the towers that may be up to 25 miles away
in the ERF Wireless xed network. When the
drilling rig moves to a new location the EBI technician moves the trailer mounted tower to the new
location and this nomadic process starts all over
again.
Current Projects--- EBI is currently deployed
and supporting major multiple Fortune 500
oil and gas customers in all the major oil and
gas exploration regions of Texas, Louisiana,
New Mexico, Oklahoma, and will soon begin
operations in North Dakota. The EBI revenue
has been steadily growing as more and more
new customers begin service and new
operating regions intitiate service.
Future Plans---Expanded operations are
planned for EBI as new operating regions
are opened up for service, additional MBT
trailers are delivered, and new products are
added to this already highly protable
business unit.
Enterprise Network Services Division
Serving the Regional Banking
Industry
Future Plans---ENS is currently expanding
and upgrading numerous locations such as
the bank shown above, for its current banking customers while planning new networks
for future bank customers.
Recent Investments
CEO Family---The family of the CEO has
invested approximately 70% of all of the
outside capital needed to grow the
company from its formation to its current
size, will continue to provide a $12M credit
facility to the company, and is committed to
long term shareholder value.
Dakota Capital Fund---Recently ERF
Wireless announced that it has negotiated a
three million dollar debt nance package
primarily to be utilized to accelerate the
growth of the wireless broadband oering
to the oil and gas industry.
The Outlook
ERF Wireless will continue to grow its recurring revenue base in all of its business
segments with the most pronounced
growth and protability expected to be in
the oil and gas business of Energy Broadband. The company looks forward to near
term protability and the continued growth
of shareholder value.
Overview---The Enterprise Network Services
(ENS) Division of ERF Wireless primarily
provides wireless broadband connectivity to
the regional banking industry in the U.S. and
also provides similar services to rural school
districts, hospitals and clinics. ENS has developed a patented proprietary hardware and
software solution allowing its bank customers
to meet the stringent requirements of the
federal banking regulators when deploying
wireless broadband solutions to replace
leased telephone company circuits servicing
their banks. ENS typically is contracted by the
bank to design and implement a wireless
broadband solution to connect their various
bank branches together and to their operations center. ENS then designs wireless circuits
from each bank location out to the ERF
Wireless owned network in the area using its
patented CryptoView technology. After the
bank network is operational ENS provides
monitoring services and maintains the
network. Thus ENS generates both one time
construction revenue as well as long term
recurring revenue on each bank network
contract it enters into.
ERF WIRELESS Fact Sheet
ERF Wireless Inc.
Company Overview
Stock Information
Symbol:
ERFB
Exchange:
OTCBB
Recent Price:
$5.00
Market Cap:
7.1M
Shares Outstanding:
1.7M
Approx Float:
1.5M
52 Week Range:
$0.25 - $22.50
For more information please
contact:
ERF Wireless Inc.
Phone: (800) 538-9050
www.erfwireless.com
www.energybroadband.com
Fact Sheet - ERF Wireless Inc. (ERFB.OB)
Key Vertical Markets
ERF Wireless Inc. is a fully reporting public corporation, founded in 2004, headquartered in League
City, Texas. The primary objective of ERF Wireless is
the generation of a protable recurring revenue
base from highly satised wireless broadband
customers in North American traditional rural
based wireless Internet service markets overlaid by
specialized vertical wireless markets that utilize
this same rural wireless network infrastructure to
generate even more recurring revenue.
The approach that was utilized to achieve this
objective has been an aggressive acquisition of
sixteen of the most promising competing wireless
broadband networks in these targeted rural
markets combined with a steady build-out of
additional networks in areas needing expanded
wireless coverage. In addition, ERF Wireless has
contracted for even more rural wireless network
coverage through a series of Master Service agreements with wireless companies throughout much
of the U.S. and Canada. ERF Wireless can now
provide its customers, as a result of all of these
activities, one of the largest rural wireless broadband networks in North America covering more
than 450,000 square miles across nine states and
two Canadian providences including Texas,
Oklahoma, Arkansas, Colorado, Kansas, Wyoming,
North Dakota, Louisiana and New Mexico.
The company has regional oces located throughout many of the more active of these areas including Pampa, Lubbock, Odessa, Justin, and Plains
Texas. In addition, a new regional oce is currently
being opened in North Dakota.
ERF Wireless uses its wireless network infrastructure to provide Internet bandwidth to traditional
rural residential and commercial customers as well
as vertical markets such as, regional banks, the oil
and gas industry, healthcare institutions, enterprise, and educational institutions. The regional
banking industry and the oil and gas industry
currently are the largest ERF Wireless vertical
markets comprising more than 50% of the ERF
Wireless revenue with the remainder coming from
basic residential and commercial wireless broadband Internet customers.
Energy Broadband Subsidiary Serving
the Oil and Gas Industry
Overview---The Energy Broadband Inc. (EBI)
subsidiary of ERF Wireless was started in 2007 to
service the wireless broadband needs of the oil
and gas industry in the rural areas of North
America. Many of the ERF Wireless acquisitions
have been in the most prolic oil and gas exploration regions of the U.S. giving ERF Wireless by far
the largest and most strategically placed wireless
broadband network in the oil and gas regions of
North America. The expansive nature of many of
the new software programs utilized by the oil and
gas industry have had the eect of rendering their
traditional VSAT satellite communications solution
ineective for modern real time operations due to
its inherently large signal transit time delay.
Key Executives
Dr. H. Dean Cubley
CEO, Chairman
Richard R. Royall
CFO
R. Greg Smith
Director and CEO of ERF
Enterprise Network Services
John Nagel
CEO of Energy Broadband
As a result, the ERF Wireless extremely fast terrestial wireless broadband Internet solution is
preferred and in great demand. Other methods of
obtaining terrestrial wireless broadband in these
extremely remote oil and gas regions are also
almost non-existent in these rural areas. ERF
Wireless utilizes a eet of almost 200 trailer
mounted 50 foot erectable towers (MBT’s) to
service the oil and gas industry directly at the
drilling site. EBI technicians deploy these trailers
behind a eet of trucks to the drill site, erect the
tower and establish a wireless connection back to
one of the towers that may be up to 25 miles away
in the ERF Wireless xed network. When the
drilling rig moves to a new location the EBI technician moves the trailer mounted tower to the new
location and this nomadic process starts all over
again.
Current Projects--- EBI is currently deployed
and supporting major multiple Fortune 500
oil and gas customers in all the major oil and
gas exploration regions of Texas, Louisiana,
New Mexico, Oklahoma, and will soon begin
operations in North Dakota. The EBI revenue
has been steadily growing as more and more
new customers begin service and new
operating regions intitiate service.
Future Plans---Expanded operations are
planned for EBI as new operating regions
are opened up for service, additional MBT
trailers are delivered, and new products are
added to this already highly protable
business unit.
Enterprise Network Services Division
Serving the Regional Banking
Industry
Future Plans---ENS is currently expanding
and upgrading numerous locations such as
the bank shown above, for its current banking customers while planning new networks
for future bank customers.
Recent Investments
CEO Family---The family of the CEO has
invested approximately 70% of all of the
outside capital needed to grow the
company from its formation to its current
size, will continue to provide a $12M credit
facility to the company, and is committed to
long term shareholder value.
Dakota Capital Fund---Recently ERF
Wireless announced that it has negotiated a
three million dollar debt nance package
primarily to be utilized to accelerate the
growth of the wireless broadband oering
to the oil and gas industry.
The Outlook
ERF Wireless will continue to grow its recurring revenue base in all of its business
segments with the most pronounced
growth and protability expected to be in
the oil and gas business of Energy Broadband. The company looks forward to near
term protability and the continued growth
of shareholder value.
Overview---The Enterprise Network Services
(ENS) Division of ERF Wireless primarily
provides wireless broadband connectivity to
the regional banking industry in the U.S. and
also provides similar services to rural school
districts, hospitals and clinics. ENS has developed a patented proprietary hardware and
software solution allowing its bank customers
to meet the stringent requirements of the
federal banking regulators when deploying
wireless broadband solutions to replace
leased telephone company circuits servicing
their banks. ENS typically is contracted by the
bank to design and implement a wireless
broadband solution to connect their various
bank branches together and to their operations center. ENS then designs wireless circuits
from each bank location out to the ERF
Wireless owned network in the area using its
patented CryptoView technology. After the
bank network is operational ENS provides
monitoring services and maintains the
network. Thus ENS generates both one time
construction revenue as well as long term
recurring revenue on each bank network
contract it enters into.
Fact Sheet - ERF Wireless Inc. (ERFB.OB)
Company Overview
Stock Information
Symbol:
ERFB
Exchange:
OTCBB
Recent Price:
$5.00
Market Cap:
7.1M
Shares Outstanding:
1.7M
Approx Float:
1.5M
52 Week Range:
$0.25 - $22.50
For more information please
contact:
ERF Wireless Inc.
Phone: (800) 538-9050
www.erfwireless.com
www.energybroadband.com
Fact Sheet - ERF Wireless Inc. (ERFB.OB)
Key Vertical Markets
ERF Wireless Inc. is a fully reporting public corporation, founded in 2004, headquartered in League
City, Texas. The primary objective of ERF Wireless is
the generation of a protable recurring revenue
base from highly satised wireless broadband
customers in North American traditional rural
based wireless Internet service markets overlaid by
specialized vertical wireless markets that utilize
this same rural wireless network infrastructure to
generate even more recurring revenue.
The approach that was utilized to achieve this
objective has been an aggressive acquisition of
sixteen of the most promising competing wireless
broadband networks in these targeted rural
markets combined with a steady build-out of
additional networks in areas needing expanded
wireless coverage. In addition, ERF Wireless has
contracted for even more rural wireless network
coverage through a series of Master Service agreements with wireless companies throughout much
of the U.S. and Canada. ERF Wireless can now
provide its customers, as a result of all of these
activities, one of the largest rural wireless broadband networks in North America covering more
than 450,000 square miles across nine states and
two Canadian providences including Texas,
Oklahoma, Arkansas, Colorado, Kansas, Wyoming,
North Dakota, Louisiana and New Mexico.
The company has regional oces located throughout many of the more active of these areas including Pampa, Lubbock, Odessa, Justin, and Plains
Texas. In addition, a new regional oce is currently
being opened in North Dakota.
ERF Wireless uses its wireless network infrastructure to provide Internet bandwidth to traditional
rural residential and commercial customers as well
as vertical markets such as, regional banks, the oil
and gas industry, healthcare institutions, enterprise, and educational institutions. The regional
banking industry and the oil and gas industry
currently are the largest ERF Wireless vertical
markets comprising more than 50% of the ERF
Wireless revenue with the remainder coming from
basic residential and commercial wireless broadband Internet customers.
Energy Broadband Subsidiary Serving
the Oil and Gas Industry
Overview---The Energy Broadband Inc. (EBI)
subsidiary of ERF Wireless was started in 2007 to
service the wireless broadband needs of the oil
and gas industry in the rural areas of North
America. Many of the ERF Wireless acquisitions
have been in the most prolic oil and gas exploration regions of the U.S. giving ERF Wireless by far
the largest and most strategically placed wireless
broadband network in the oil and gas regions of
North America. The expansive nature of many of
the new software programs utilized by the oil and
gas industry have had the eect of rendering their
traditional VSAT satellite communications solution
ineective for modern real time operations due to
its inherently large signal transit time delay.
Key Executives
Dr. H. Dean Cubley
CEO, Chairman
Richard R. Royall
CFO
R. Greg Smith
Director and CEO of ERF
Enterprise Network Services
John Nagel
CEO of Energy Broadband
As a result, the ERF Wireless extremely fast terrestial wireless broadband Internet solution is
preferred and in great demand. Other methods of
obtaining terrestrial wireless broadband in these
extremely remote oil and gas regions are also
almost non-existent in these rural areas. ERF
Wireless utilizes a eet of almost 200 trailer
mounted 50 foot erectable towers (MBT’s) to
service the oil and gas industry directly at the
drilling site. EBI technicians deploy these trailers
behind a eet of trucks to the drill site, erect the
tower and establish a wireless connection back to
one of the towers that may be up to 25 miles away
in the ERF Wireless xed network. When the
drilling rig moves to a new location the EBI technician moves the trailer mounted tower to the new
location and this nomadic process starts all over
again.
Current Projects--- EBI is currently deployed
and supporting major multiple Fortune 500
oil and gas customers in all the major oil and
gas exploration regions of Texas, Louisiana,
New Mexico, Oklahoma, and will soon begin
operations in North Dakota. The EBI revenue
has been steadily growing as more and more
new customers begin service and new
operating regions intitiate service.
Future Plans---Expanded operations are
planned for EBI as new operating regions
are opened up for service, additional MBT
trailers are delivered, and new products are
added to this already highly protable
business unit
Enterprise Network Services Division
Serving the Regional Banking
Industry
Future Plans---ENS is currently expanding
and upgrading numerous locations such as
the bank shown above, for its current banking customers while planning new networks
for future bank customers.
Recent Investments
CEO Family---The family of the CEO has
invested approximately 70% of all of the
outside capital needed to grow the
company from its formation to its current
size, will continue to provide a $12M credit
facility to the company, and is committed to
long term shareholder value.
Dakota Capital Fund---Recently ERF
Wireless announced that it has negotiated a
three million dollar debt nance package
primarily to be utilized to accelerate the
growth of the wireless broadband oering
to the oil and gas industry.
The Outlook
ERF Wireless will continue to grow its recurring revenue base in all of its business
segments with the most pronounced
growth and protability expected to be in
the oil and gas business of Energy Broadband. The company looks forward to near
term protability and the continued growth
of shareholder value.
Overview---The Enterprise Network Services
(ENS) Division of ERF Wireless primarily
provides wireless broadband connectivity to
the regional banking industry in the U.S. and
also provides similar services to rural school
districts, hospitals and clinics. ENS has developed a patented proprietary hardware and
software solution allowing its bank customers
to meet the stringent requirements of the
federal banking regulators when deploying
wireless broadband solutions to replace
leased telephone company circuits servicing
their banks. ENS typically is contracted by the
bank to design and implement a wireless
broadband solution to connect their various
bank branches together and to their operations center. ENS then designs wireless circuits
from each bank location out to the ERF
Wireless owned network in the area using its
patented CryptoView technology. After the
bank network is operational ENS provides
monitoring services and maintains the
network. Thus ENS generates both one time
construction revenue as well as long term
recurring revenue on each bank network
contract it enters into.
Fact Sheet - ERF Wireless Inc. (ERFB.OB)
ERF Wireless Inc.
Company Overview
Stock Information
Symbol:
ERFB
Exchange:
OTCBB
Recent Price:
$5.00
Market Cap:
7.1M
Shares Outstanding:
1.7M
Approx Float:
1.5M
52 Week Range:
$0.25 - $22.50
For more information please
contact:
ERF Wireless Inc.
Phone: (800) 538-9050
www.erfwireless.com
www.energybroadband.com
Fact Sheet - ERF Wireless Inc. (ERFB.OB)
Key Vertical Markets
ERF Wireless Inc. is a fully reporting public corporation, founded in 2004, headquartered in League
City, Texas. The primary objective of ERF Wireless is
the generation of a protable recurring revenue
base from highly satised wireless broadband
customers in North American traditional rural
based wireless Internet service markets overlaid by
specialized vertical wireless markets that utilize
this same rural wireless network infrastructure to
generate even more recurring revenue.
The approach that was utilized to achieve this
objective has been an aggressive acquisition of
sixteen of the most promising competing wireless
broadband networks in these targeted rural
markets combined with a steady build-out of
additional networks in areas needing expanded
wireless coverage. In addition, ERF Wireless has
contracted for even more rural wireless network
coverage through a series of Master Service agreements with wireless companies throughout much
of the U.S. and Canada. ERF Wireless can now
provide its customers, as a result of all of these
activities, one of the largest rural wireless broadband networks in North America covering more
than 450,000 square miles across nine states and
two Canadian providences including Texas,
Oklahoma, Arkansas, Colorado, Kansas, Wyoming,
North Dakota, Louisiana and New Mexico.
The company has regional oces located throughout many of the more active of these areas including Pampa, Lubbock, Odessa, Justin, and Plains
Texas. In addition, a new regional oce is currently
being opened in North Dakota.
ERF Wireless uses its wireless network infrastructure to provide Internet bandwidth to traditional
rural residential and commercial customers as well
as vertical markets such as, regional banks, the oil
and gas industry, healthcare institutions, enterprise, and educational institutions. The regional
banking industry and the oil and gas industry
currently are the largest ERF Wireless vertical
markets comprising more than 50% of the ERF
Wireless revenue with the remainder coming from
basic residential and commercial wireless broadband Internet customers.
Energy Broadband Subsidiary Serving
the Oil and Gas Industry
Overview---The Energy Broadband Inc. (EBI)
subsidiary of ERF Wireless was started in 2007 to
service the wireless broadband needs of the oil
and gas industry in the rural areas of North
America. Many of the ERF Wireless acquisitions
have been in the most prolic oil and gas exploration regions of the U.S. giving ERF Wireless by far
the largest and most strategically placed wireless
broadband network in the oil and gas regions of
North America. The expansive nature of many of
the new software programs utilized by the oil and
gas industry have had the eect of rendering their
traditional VSAT satellite communications solution
ineective for modern real time operations due to
its inherently large signal transit time delay.
Key Executives
Dr. H. Dean Cubley
CEO, Chairman
Richard R. Royall
CFO
R. Greg Smith
Director and CEO of ERF
Enterprise Network Services
John Nagel
CEO of Energy Broadband
As a result, the ERF Wireless extremely fast terrestial wireless broadband Internet solution is
preferred and in great demand. Other methods of
obtaining terrestrial wireless broadband in these
extremely remote oil and gas regions are also
almost non-existent in these rural areas. ERF
Wireless utilizes a eet of almost 200 trailer
mounted 50 foot erectable towers (MBT’s) to
service the oil and gas industry directly at the
drilling site. EBI technicians deploy these trailers
behind a eet of trucks to the drill site, erect the
tower and establish a wireless connection back to
one of the towers that may be up to 25 miles away
in the ERF Wireless xed network. When the
drilling rig moves to a new location the EBI technician moves the trailer mounted tower to the new
location and this nomadic process starts all over
again.
Current Projects--- EBI is currently deployed
and supporting major multiple Fortune 500
oil and gas customers in all the major oil and
gas exploration regions of Texas, Louisiana,
New Mexico, Oklahoma, and will soon begin
operations in North Dakota. The EBI revenue
has been steadily growing as more and more
new customers begin service and new
operating regions intitiate service.
Future Plans---Expanded operations are
planned for EBI as new operating regions
are opened up for service, additional MBT
trailers are delivered, and new products are
added to this already highly protable
business unit.
Enterprise Network Services Division
Serving the Regional Banking
Industry
Future Plans---ENS is currently expanding
and upgrading numerous locations such as
the bank shown above, for its current banking customers while planning new networks
for future bank customers.
Recent Investments
CEO Family---The family of the CEO has
invested approximately 70% of all of the
outside capital needed to grow the
company from its formation to its current
size, will continue to provide a $12M credit
facility to the company, and is committed to
long term shareholder value.
Dakota Capital Fund---Recently ERF
Wireless announced that it has negotiated a
three million dollar debt nance package
primarily to be utilized to accelerate the
growth of the wireless broadband oering
to the oil and gas industry.
The Outlook
ERF Wireless will continue to grow its recurring revenue base in all of its business
segments with the most pronounced
growth and protability expected to be in
the oil and gas business of Energy Broadband. The company looks forward to near
term protability and the continued growth
of shareholder value.
Overview---The Enterprise Network Services
(ENS) Division of ERF Wireless primarily
provides wireless broadband connectivity to
the regional banking industry in the U.S. and
also provides similar services to rural school
districts, hospitals and clinics. ENS has developed a patented proprietary hardware and
software solution allowing its bank customers
to meet the stringent requirements of the
federal banking regulators when deploying
wireless broadband solutions to replace
leased telephone company circuits servicing
their banks. ENS typically is contracted by the
bank to design and implement a wireless
broadband solution to connect their various
bank branches together and to their operations center. ENS then designs wireless circuits
from each bank location out to the ERF
Wireless owned network in the area using its
patented CryptoView technology. After the
bank network is operational ENS provides
monitoring services and maintains the
network. Thus ENS generates both one time
construction revenue as well as long term
recurring revenue on each bank network
contract it enters into.
Fact Sheet - Strategic American Oil Corporation (SGCA.OB)
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near future.
Strategic American Oil Corporation INFO
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near future.
SGCA Corporate Overview
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near future.
Fact Sheet - Strategic American Oil Corporation (SGCA.OB)
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near
future
SGCA Research Report
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near
future.
Strategic American Oil Corporation
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near future
SGCA Research Report
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near future
A Growing and Undervalued Opportunity!
Strategic American Oil Corporation (OTCBB: SGCA) is an oil and gas exploration and production company with strategically-acquired properties in Texas, Louisiana and Illinois, similar to Approach Resources Inc. (NASDAQ: AREX) or EV Energy Partners LP (NASDAQ: EVEP). With an experienced team and promising properties, this company appears to be significantly undervalued.
Galveston Bay Property Worth $54MM
In February of this year, Strategic American Oil acquired Galveston Bay Energy and has already re-completed and placed its initial well into production in Texas while working on several others. Meanwhile, multiple high-value drilling targets have been identified in the area, where only 20-30 of 120 wells are producing. This low-hanging fruit could provide investors with a strong catalyst over the coming quarters.
A recent engineering report from Ralph E. Davis Associates Inc. estimated net proved reserves of 979,000 barrels of oil and 13 billion cubic feet of natural gas. These figures translate to a value of around $75.3 million undiscounted and $54.6 million discounted at 10% in net proved reserves for the company. With a current market cap of just $16.62 million, the stock could be significantly undervalued.
Hands-Off Development in Illinois and Louisiana
Strategic American Oil has additional properties in Illinois and Louisiana, which are fully operated by partners in the area. Its Illinois properties are located in the Illinois Basin that has an estimated 4.1 billion barrels of oil remaining to be produced. Meanwhile, its Louisiana properties are situated in the Delhi South Field next to Denbury Resource’s (NYSE: DNR) recently acquired Delhi Field.
These hands-off developments could add incremental value to the company’s stock, while they do not require any heavy capital investments to develop. If the Galveston Bay property provides the main value behind the stock, these assets are simply a kicker that could pay off handsomely over the coming years as its partners develop the fields.
Insider Ownership and Solid Financing
Strategic American Oil’s Chairman and CEO Jeremy Driver has purchased more than 50.2 million shares of restricted stock in cash or cash equivalent transactions. With his combined 18.66% ownership stake in the company, the seasoned executive has tremendous “skin in the game” that aligns his interests with those of shareholders. Meanwhile, the former CEO has purchased shares on the open market, which is a very bullish signal to investors.
And finally, the company has plenty of capital available without having to go to the market and dilute its stock. With only $800,000 of its $9 million line of credit drawn, the company has cash available that is collateralized against its oil and gas properties. But even if it does eventually require funding, investors can be assured that deals will be struck on good terms given the CEO’s ownership stake.
A Great Investment Opportunity
Strategic American Oil has several near-term catalysts in the form of its drilling projects, while it appears to be significantly undervalued based on its Galveston Bay properties and fields alone. With plans to eventually up-list to a higher exchange and perhaps even offer a dividend, this stock is one that investors should consider getting involved with sooner than later.
A Growing and Undervalued Opportunity
By Justin Kuepper · Thursday, October 13th, 2011
Strategic American Oil Corporation (OTCBB: SGCA) is an oil and gas exploration and production company with strategically-acquired properties in Texas, Louisiana and Illinois, similar to Approach Resources Inc. (NASDAQ: AREX) or EV Energy Partners LP (NASDAQ: EVEP). With an experienced team and promising properties, this company appears to be significantly undervalued.
Galveston Bay Property Worth $54MM
In February of this year, Strategic American Oil acquired Galveston Bay Energy and has already re-completed and placed its initial well into production in Texas while working on several others. Meanwhile, multiple high-value drilling targets have been identified in the area, where only 20-30 of 120 wells are producing. This low-hanging fruit could provide investors with a strong catalyst over the coming quarters.
A recent engineering report from Ralph E. Davis Associates Inc. estimated net proved reserves of 979,000 barrels of oil and 13 billion cubic feet of natural gas. These figures translate to a value of around $75.3 million undiscounted and $54.6 million discounted at 10% in net proved reserves for the company. With a current market cap of just $16.62 million, the stock could be significantly undervalued.
Hands-Off Development in Illinois and Louisiana
Strategic American Oil has additional properties in Illinois and Louisiana, which are fully operated by partners in the area. Its Illinois properties are located in the Illinois Basin that has an estimated 4.1 billion barrels of oil remaining to be produced. Meanwhile, its Louisiana properties are situated in the Delhi South Field next to Denbury Resource’s (NYSE: DNR) recently acquired Delhi Field.
These hands-off developments could add incremental value to the company’s stock, while they do not require any heavy capital investments to develop. If the Galveston Bay property provides the main value behind the stock, these assets are simply a kicker that could pay off handsomely over the coming years as its partners develop the fields.
Insider Ownership and Solid Financing
Strategic American Oil’s Chairman and CEO Jeremy Driver has purchased more than 50.2 million shares of restricted stock in cash or cash equivalent transactions. With his combined 18.66% ownership stake in the company, the seasoned executive has tremendous “skin in the game” that aligns his interests with those of shareholders. Meanwhile, the former CEO has purchased shares on the open market, which is a very bullish signal to investors.
And finally, the company has plenty of capital available without having to go to the market and dilute its stock. With only $800,000 of its $9 million line of credit drawn, the company has cash available that is collateralized against its oil and gas properties. But even if it does eventually require funding, investors can be assured that deals will be struck on good terms given the CEO’s ownership stake.
A Great Investment Opportunity
Strategic American Oil has several near-term catalysts in the form of its drilling projects, while it appears to be significantly undervalued based on its Galveston Bay properties and fields alone. With plans to eventually up-list to a higher exchange and perhaps even offer a dividend, this stock is one that investors should consider getting involved with sooner than later.
Strategic American Oil (SGCA): A Growing and Undervalued Opportunity
By Justin Kuepper · Thursday, October 13th, 2011
Strategic American Oil Corporation (OTCBB: SGCA) is an oil and gas exploration and production company with strategically-acquired properties in Texas, Louisiana and Illinois, similar to Approach Resources Inc. (NASDAQ: AREX) or EV Energy Partners LP (NASDAQ: EVEP). With an experienced team and promising properties, this company appears to be significantly undervalued.
Galveston Bay Property Worth $54MM
In February of this year, Strategic American Oil acquired Galveston Bay Energy and has already re-completed and placed its initial well into production in Texas while working on several others. Meanwhile, multiple high-value drilling targets have been identified in the area, where only 20-30 of 120 wells are producing. This low-hanging fruit could provide investors with a strong catalyst over the coming quarters.
A recent engineering report from Ralph E. Davis Associates Inc. estimated net proved reserves of 979,000 barrels of oil and 13 billion cubic feet of natural gas. These figures translate to a value of around $75.3 million undiscounted and $54.6 million discounted at 10% in net proved reserves for the company. With a current market cap of just $16.62 million, the stock could be significantly undervalued.
Hands-Off Development in Illinois and Louisiana
Strategic American Oil has additional properties in Illinois and Louisiana, which are fully operated by partners in the area. Its Illinois properties are located in the Illinois Basin that has an estimated 4.1 billion barrels of oil remaining to be produced. Meanwhile, its Louisiana properties are situated in the Delhi South Field next to Denbury Resource’s (NYSE: DNR) recently acquired Delhi Field.
These hands-off developments could add incremental value to the company’s stock, while they do not require any heavy capital investments to develop. If the Galveston Bay property provides the main value behind the stock, these assets are simply a kicker that could pay off handsomely over the coming years as its partners develop the fields.
Insider Ownership and Solid Financing
Strategic American Oil’s Chairman and CEO Jeremy Driver has purchased more than 50.2 million shares of restricted stock in cash or cash equivalent transactions. With his combined 18.66% ownership stake in the company, the seasoned executive has tremendous “skin in the game” that aligns his interests with those of shareholders. Meanwhile, the former CEO has purchased shares on the open market, which is a very bullish signal to investors.
And finally, the company has plenty of capital available without having to go to the market and dilute its stock. With only $800,000 of its $9 million line of credit drawn, the company has cash available that is collateralized against its oil and gas properties. But even if it does eventually require funding, investors can be assured that deals will be struck on good terms given the CEO’s ownership stake.
A Great Investment Opportunity
Strategic American Oil has several near-term catalysts in the form of its drilling projects, while it appears to be significantly undervalued based on its Galveston Bay properties and fields alone. With plans to eventually up-list to a higher exchange and perhaps even offer a dividend, this stock is one that investors should consider getting involved with sooner than later.
SGCA Huge Volume!
SGCA @ .115, Breaking out big volume!
Big Volume Today!
SGCA @ .115 Breaking out huge volume today!
Back to Back Days!
SGCA @ .115 Huge volume today
Huge Volume Today!
SGCA @ .115 with huge volume today!
SGCA HUGE VOLUME!
SGCA @ .115 breaking out huge volume!
SGCA - .105
Breakout volume back to back days!
WOW! SGCA- .09 and should move higher!
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near
future.
WOW! SGCA- .09 and should move higher!
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near
future.
SGCA- .09- Goodie of the Week!
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near
future.
SGCA- .09 and YES should move higher!
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near
future.
SGCA- .09 and should move higher!
Corporate Overview
Strategic American Oil Corporation
(OTCBB: SGCA) is a Houston, TX based
oil and natural gas exploration and
production company with operations in
Texas, Louisiana, and Illinois. The
company seeks accretive acquisitions of
production, reserves, or other oil and gas
companies that will provide significant
returns on investment.
Strategic recently acquired Galveston Bay
Energy, LLC (GBE), which provided a
considerable increase in oil and gas
production, as well as cash flow. The most
recent engineering report from Ralph E.
Davis Associates, Inc. estimates net proved
reserves of 12.9 million barrels of oil and
12.56 BCF (billion cubic feet) of natural gas
which translates to approximately $97.4
million (un-discounted) or $59 million
(discounted at 10 percent) in net proved
reserves for Strategic American Oil.
Strategic American Oil aims to continue
leasing, drilling, and acquiring projects at
various stages of development to increase
revenue and grow its core reserves. To date,
Strategic American Oil has established a
land portfolio with an aggregate gross 5,236
developed and undeveloped acres in Texas
and Illinois. With this acreage, the company
has acquired producing wells and
subsequently identified new exploration
targets. Strategic has also leased land
positions hosting previously producing
wells with the goal of utilizing proven
technologies, such as water flood recovery,
to enhance or reestablish production.
Investment Thesis
Strategic American Oil is driven by Return
on Investment (ROI).
The United States today has over 539,000
oil wells which accounts for over half the
world’s active wells. With production
peaking in 1973, the average well in the
U.S. produces approximately 10 barrels a
day. Typically, 60 - 80% of the original oil
in place is still present. Strategic wants to
look at the decisions made forty plus years
ago in the light of new technology and
current economics to see what value can be
extracted from that remaining 60 - 80%
today.
Domestic exploration has an advantage over
international exploration because the best
oil and gas infrastructure and work force in
the world are found in the continental
United States, the birth place of the oil
industry. By utilizing these resources
Strategic is able to bring domestic U.S. oil
to market in days or weeks after a discovery
is made, which is a huge advantage over
offshore or foreign markets. Foreign
projects often require years of capitalintensive development before returns are
realized.
While SGCA is not opposed to foreign
projects, the risk-reward ratio must be truly
exceptional to overcome the additional
political and timing concerns that are
inherent to projects located outside the
United States. If the returns are attractive
enough, the company will consider
investing in exploration and production
projects outside the United States.
Highlight of Current Projects:
Galveston Bay
Strategic American Oil acquired Galveston
Bay Energy, LLC in February 2011.
Multiple high-value drilling targets have
already been identified in the fields of
Galveston Bay. A full field study is
currently underway to finalize the
operational plan including infrastructure
improvements, reworks, re-completions,
and drilling. With more than 120 wells and
only 20-30 wells producing, there remains
a significant amount of “low hanging fruit.”
The Company expects to ramp up
production in the near term with minimal
capital investment. While exploiting these
non-drilling opportunities, a formal drilling
program will also be designed and
implemented.
Markham City North Field -Illinois
Strategic American Oil has developed an
enhanced recovery project in Markham
City North field in Illinois, which has
cumulatively produced 1.6 million barrels
of oil. Recovery rates are expected to be
80-100% of previous production, based
upon a regional field analysis. The
Company has contracted with Core
Minerals to design a water-flood pilot
program which began in August 2011.
Depending upon the results of this pilot
program, a full stage recovery operation
will be designed and implemented with a
target depth range from 2,000’ to 4,000’.
Leases acquired to date are primarily
87.5% Net Return Interest.
Financial
The company acquired SPE Navigation I,
LLC in September 2011, which brought
with it over $4 million in liquid assets.
In 33% which will substantially increase
the cash flow of the Company.
Furthermore, the Company has a $10
million dollar working capital bank line.
The company has less than a million drawn
on that line and has no other debt.
CEO Family Investment
The SPE Navigation I, LLC was owned by
various members of the CEO’s family who
founded and developed Hyperdynamics
Corporation (HDY: NYSE). The family has
to date provided over 70% of the
Company’s capital for acquisitions and are
committed to long term shareholder value.
The Outlook
The Texas and Illinois projects are the
foundation of an exciting exploration and
development program. The prospects
reviewed are a sample of the
opportunities that are being developed by
the Strategic American Oil team. The
Company is currently negotiating to
acquire additional oil and gas production,
independent companies, and 3D seismic
data.
Strategic American Oil is aggressive in
pursuing projects that will turn a growth
stage oil and gas company into a mid-tier
U.S. oil and gas developer. Strategic
American Oil Corporation’s technical
expertise and current operations in Texas,
Louisiana and Illinois coupled with their
strong financial condition place the
Company in an advantageous position to
experience remarkable growth in the near
future.