North Texas Energy
5057 Keller Springs Road , Suite 300 , Addison, Texas, United States

North Texas Energy, Inc. (NTE) is a public company that is headquartered in Addison, Texas. NTE is a non-traditional Enhanced Oil Recovery (EOR) crude oil and natural gas production company. EOR is a term used to describe a variety of methods that identify the processes by which substantial amounts of oil and gas that remain in a reservoir can be recovered. The methods employed depend upon the geological characteristics of the reservoir. Modern EOR allows for significantly more oil to be recovered than was technologically possible when the fields were initially established. The company holds title to oil and gas leases in Central and East Texas.

We are an "Enhanced Oil Recovery" (EOR) company that primarily concentrates its efforts in the areas of re-entry and re-working of existing oil and gas wells. EOR utilizes state-of-the-art oil deposit identification and recovery methods, such as seismic analysis and horizontal drilling, that enables significant increases in the production of existing oil and gas wells. We are not an "exploration company" in the sense that our business and our methods do not involve an attempt to explore for new oil deposits but rather to exploit existing known oil and gas fields. Modern EOR techniques free oil significant oil deposits that were not recoverable before. The company currently controls leases in Central and East Texas. We have developed strategic relationships through which it can execute plans to acquire existing lease assets that will give NTE control of millions of barrels of oil and gas reserves beyond its current TX holdings.

What we do

Our primary operational mission is to rework existing oil and gas wells and perform drilling and development of new oil and gas wells. This mission is achieved through the development of high-quality properties that possess long-term production opportunities. Our business model and employment of the latest proven technological EOR techniques and drilling methodologies will enable the company to maximize the production of commercially viable oil and gas reserves. We are committed to being a premier oil and gas company. To that end, we must continuously achieve superior financial and operating results while simultaneously adhering to high ethical standards. We are committed to enhancing the long-term value of the investment dollars entrusted to us by our shareholders. By operating the company profitably and responsibly, we expect our shareholders to be rewarded with superior returns. This commitment drives the management of our company.

How we do it

Our engineering management team has more than 140 years of combined oil and gas operational management and field operations experience. The management and engineering teams have extensive expertise in the areas of petroleum engineering, drilling and extraction, EOR, geology, and environmental engineering.

Current and Acquisition Prospects

NTE has acquired title to oil and natural gas leases in the Texas counties of Milam and Upshur. The company controls 100% of the working interest in the Texas leases. The company has also entered into final negotiations that will allow for acquisition of additional leases in Texas and other states. NTE will acquire a controlling interest in all of the additional leases.

Corporate Responsibility

Our policy is to comply with all federal and state laws, rules, and regulations applicable to its business. Even where the law is permissive, we will always choose the course of highest integrity. We are committed to being an upright corporate citizen in all the places we operate and we will maintain high ethical standards, obey all applicable federal and state laws, rules, and regulations. Above all other objectives, we are dedicated to running safe and environmentally responsible operations. We aspire to be at the leading edge of competition in every aspect of our business. That requires our resources (financial, operational, technological, and human) to be employed wisely and evaluated regularly. While we maintain flexibility to adapt to changing conditions, the nature of our business requires a focused, long-term approach.