EnerJex Resources Inc (ENRJ)

[sweet crude]

Great value oil play

ENRJ a great small cap oil value play

ENRJ owns oil and gas leases covering approximately 100,000 acres in various prolific hydrocarbon basins located in Kansas, Colorado, Nebraska, and Texas. As of December 31, 2014, its total proved reserves consisted of 4.4 million barrels of oil equivalent. The company is headquartered in San Antonio, Texas. EnerJex’s producing assets are characterized by long lived reserves with low production decline rates, and the company has identified more than 500 drilling locations within its existing properties. Through its large acreage footprint in the Denver-Julesburg (“DJ”) Basin, EnerJex also has exposure to emerging oil resource plays including the horizontal Niobrara and Codell plays in Weld County, Colorado.

The Company owns oil and gas leases covering nearly 100,000 acres in multiple prolific hydrocarbon basins located in Colorado, Kansas, Nebraska, and Texas. April 15, 2015 / EnerJex Resources, Inc. ("EnerJex" or the "Company") (NYSE MKT: ENRJ) (NYSE MKT:ENRJ.PR), an independent exploration and production company focused on the acquisition and development of oil and natural gas properties located in the Rocky Mountain and Mid-Continent regions of the United States, announced today that Oakridge Energy, Inc. ("Oakridge") has completed the sale of its La Plata County, Colorado real estate at a sales price that is expected to generate for EnerJex a cash distribution of approximately $1.75 million within the next 60 to 90 days. Accelerated drilling program on four core projects in Colorado and Kansas with recent successful completion of 20 new wells.....500+ drilling locations on existing properties covering 100,000 net acres
123% year-over-year production increase for the third quarter, and Well Capitalized