EnerJex Resources, Inc. is an oil and natural gas acquisition, exploration and development company, focused primarily on four sites in Eastern Kansas. Located in what the company reports is one of the top ten domestic producing regions, one site is considered slightly deep (about 1,800 ft) and the other three are considered shallow (600 feet or deeper).
EnerJex’s principal strategy is to focus on the acquisition of oil and natural gas leases that have existing production, cash flow, and additional drillable locations. This risk-averse approach seems to be working--in the last two years, the company has drilled 167 wells and only three ended up being “dry holes”. To read the full article by William Atkinson, go to page 80 of the digital magazine.
EnerJex was recently featured alongside FX Energy, Inc. (NASDAQ: FWEN), Doral Energy Corp (OTCBB: DEGY), GMX Resources, Inc (NASDAQ: GMXR) and Continental Resources, Inc. (NYSE: CLR) in the September 2009 issue of EQUITIES Magazine.
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Since 1951, EQUITIES has served both retail and institutional investors by examining industry trends, analyzing strategies and opportunities, and profiling financial leaders and emerging public companies. Its global audience increased dramatically after the launch of its European and digital versions, as well as its website, which provides free real-time market quotes and a free customizable, real-time portfolio-management interface. EQUITIES is also one of a select group of publications available on the Apple iPhone.
