Superior Oil &Gas Company (fka SIOR)

[freshy]

Good question..here's some additional info;

"Superior Oil and Gas Co. is engaged in exploration for and production oil and gas that it sells to oil and gas gatherers. The Company owns a one-half interest in leases with 240 (120 acres net) undeveloped acres in Oklahoma and Texas. The Company does its exploration with working interest partners and oil and gas companies that wish to invest in the oil and gas business. In all of its projects, Superior Oil and Gas Co. is the operating working interest partner and the other working interest partners have no involvement in the management of the well or project. The Company distributes oil and gas that produced by it through oil and gas gathering companies with the gas sometimes being sold directly to public utility companies. The Company sells its oil and natural gas production to marketers and other purchasers, who have access to nearby pipeline facilities. In areas where there is no practical access to pipelines, oil is trucked to storage facilities."

Reports and Ratings 2012
MarketEdge