Exterra Energy Inc. - Home Page

Home Corporate Projects Investors News QwikReport Contact Us | © Exterra Energy Inc. Disclaimer

		Flash Player is required to play this animation

Tue Feb 23, 2010
Exterra Acquires Additional Leases in the Permian Basin

Wed Feb 17, 2010
Exterra Completes First of its four work over's in the Permian Basin Cardinal Field

Thu Feb 11, 2010
Exterra Energy, Inc. Retains PR Financial Marketing

Exterra Energy Inc. (OTC BB: EENI) is an emerging oil and gas exploration production company based in Amarillo, Texas, with a Field Office in Parker County, Texas. Exterra is committed to a strong acquisition strategy purchasing producing oil properties that are undervalued due to current market conditions. Exterra is primarily active in the development, acquisition and operations of oil & gas properties, including the Newark East (Barnett Shale) Gas Field in North Texas and now holds an undivided interest in approximately 17,750 gross acres of leases in the Newark East (Barnett Shale) area with over 63 wells producing on the acreage.

The Company is also active in Permian Basin in West Texas with mineral acres, producing oil and gas wells, wells being put online and chemically treated, a new Saltwater Disposal Facility, a 12 mile gas gathering system and a new gas contract with Panther Pipeline and Southern Union, that will increase production in Pecos County.

The Barnett Shale gas field is undoubtedly one of the largest producing gas fields in the continental U.S. today, and Exterra is committed to developing and expanding its acreage and assets within the core area of the field. Exterra is further committed to increasing its oil assets by acquiring additional producing oil wells in the Permian Basin in West Texas, as well as other areas. Exterra's strategic plan is to take advantage of the opportunity that exists in the oil industry today by acquiring, undervalued producing oil wells, since many in the Oil Industry are heavily leveraged.

Predicting Oil Prices: The Shortage Is In The Facts