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Brief Report for Energy Revenue America, Inc. (OTCBB: ERAO)
Energy Revenue America, Inc. is focused on drilling Coal bed Methane natural gas wells in Nowata County in the Northeastern corner of Oklahoma in the Cherokee Basin. Oklahoma has the 3rd largest natural gas proven reserves in the US. The company’s goal is to drill 72 wells a year for the next 5 years. Expert staff and high-tech facilities combine to seek out pockets of CBM (coal bed methane), extract it from the ground, and deliver for sale via company pipeline some of the best and most affordable natural gas of its kind.
Energy Revenue America, Inc. Is vertically integrated and participates in all four step required to deliver natural gas for sale.
Exploration is how natural gas is found, and how companies decide where to drill wells for it.
- Extraction is the drilling process, and how natural gas is brought from its underground reservoirs to the surface.
- Production is what happens once the well is drilled; including the processing of natural gas once it is brought out from underground.
- Transport is how the natural gas is transported from the wellhead and processing plant, using the extensive network of pipelines throughout North America.
This Barchart analysis will provide you with the key company statistics, charting analysis, opinions and financial information. http://www.barchart.com/quotes/stocks/MSPC
January 21, 2016. Quarterly Report for the period ending 9-30-15 (financial Statements only) http://www.otcmarkets.com/financialReportViewer?symbol=ERAO&id=149785
January 21, 2016. Company quarterly report for the period ended 9-30-15. (excluding financial statements) http://www.otcmarkets.com/financialReportViewer?symbol=ERAO&id=149786
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