Brenham Oil & Gas Corp. is an independent oil and gas company engaged in the acquisition of petroleum resources. The Company's focus is on coupling United States development/production assets with international exploration in locations such as Sub-Saharan Africa. Brenham's management team includes experienced professionals from major oil and gas companies.
They are located in Texas, there are plenty of assets to look for there and acquire there, the costs of acquisition in their back yard is minuscule compared to looking in Sub-Saharan Africa!
SO WHY LOOK THERE?
I am going To put forward a guess.
1-The management has long standing experience there as well as contacts
2-They may already have assets, big assets lined up there, and are just waiting to disclose it when the stock starts to trade.....