ReoStar Energy Corp Overview
Pro stress-test →ReoStar Energy Corporation is an oil and gas company engaged in the acquisition, development and production of natural gas and oil properties with operations primarily focused on developmental resource plays and enhanced oil recovery projects, headquartered in Fort Worth, Texas. The company is a micro-cap OTC-traded entity with approximately 17 employees pursuing a diversified acquisition strategy.
Strategic Profile
Pro stress-test →The company has vertically integrated its assets to remove potential obstacles to growth, which will enable it to develop and produce assets without the risk, cost and time involved in traditional exploration. ReoStar has repositioned as a REG A company focused on major growth investments through solid acquisitions, having acquired an interest in commercial printing firm Larry Myers & Associates and a 49% interest in Leuffer Mining with mines producing in Mexico as of March 2023.
Competitive Landscape
Pro stress-test →ReoStar operates in Texas oil and gas with approximately 9,000 acres of leasehold including exploratory, developmental, and enhanced oil recovery prospects. It competes as a micro-cap independent oil and gas producer, but faces significant scale disadvantages versus regional and national producers. Peers include other small Texas-focused independents and private acquisition vehicles.
Industry Context
ReoStar Energy Corp operates in Oil and gas exploration and production.
Key facts
Founded: 2004 · Headquarters: Fort Worth, Texas · Employees: 17 · Revenue: $3.42M (TTM as of 2021) · Market cap: $6.06M (as of December 2021)