Calibre Energy Inc. Stock Analysis CABE

Calibre Energy, Inc. is a natural gas and oil exploration company, which is concentrating on growing reserves and production through the exploration, development, exploitation and acquisition of natural gas and oil reserves in North America. The company is headquartered in Washington, Washington Dc. The firm is focused on the acquisition, exploitation, development and sale of crude oil and natural gas. The company has interests in Bina Bawi project, which is a 30 kilometer by 10 kilometer surface anticline. Its projects include Reichmann Petroleum project, the South Ft. Worth Basin project and the Williston Basin project. Reichmann Petroleum project is located in the Barnett Shale in the Ft. Worth Basin of North Texas. Reichmann Petroleum project covers 6,190 net acres of leasehold interests in Parker, Tarrant, Denton, and Johnson Counties, Texas. South Ft. Worth Basin project covers five county areas in Texas, including Johnson, Hill, Somervell, Bosque, and Hood counties, and consists of lands in these counties outside areas of interest covered by the Reichmann project.