Exterra Energy – Highlights Management Team - Established, Proven, Experienced and Successful. Barnett Shale natural gas play is the largest gas field in Texas – over 95% of all wells drilled resulting in gas being produced. Energy prices are high and are expected to be sustained or go higher. Over 90 successful Barnett Shale wells drilled and participated in since 2001. Immediate significant revenue increase possible - 7 well bores drilled; ready for frac stimulation & completion (scheduled and currently underway). This is a strong factor and could indicate a major driving force to push the stock price. Plans for significant growth in 2008 and beyond. Bosque County acreage that is ripe for growth – could support 50 wells or more. Numerous acreage acquisition opportunities available through existing partnerships with companies such as Carrizo Oil & Gas, Inc. (NASDAQ – “CRZO”) Major and large independent Exploration & Production companies expanding asset base in the Barnett Shale (all potential buyout options).
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.