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Arete Industries Inc(ARET)

Description: Arete Industries, Inc. is an independent oil and gas company. The Company is engaged in the acquisition and development of oil and natural gas reserves through a program, which includes purchases of reserves, re-engineering, development and exploration activities primarily focused in Wyoming, Kansas, Colorado and Montana. Its segment includes the exploration, development and production of natural gas and crude oil. The Company holds interest in the producing oil and gas leases located in Sumner County, Kansas and Kimball County, Nebraska (collectively, the Properties and individually, the Padgett Properties and the Nebraska Properties). It also owns a gas gathering system (pipeline and compressor station related assets) in Campbell County, Wyoming. The system consists of over 4.5 miles of eight-inch coated steel pipeline. This system has a throughput capacity of approximately four million cubic feet of gas per day.


Keywords: Natural Gas Oil And Gas Crude Oil Industrial Gases S&P/Tsx 60 Index Steel Pipe Natural Gas Reserves Gas Gathering Oil And Gas Lease Oil And Gas Leases Gas Leases Kimball

Home Page: www.areteindustries.com

7260 Osceola Street
Westminster, CO 80030
United States
Phone: 303-427-8688


Officers

Name Title
Mr. Nicholas L. Scheidt Chairman & CEO
Mr. Charles B. Davis COO & Director
Mr. Tristan R. Farel Principal Accounting Officer & Sec.
Mr. William W. Stewart Assistant Corp. Sec. & Director

Exchange: PINK

Country: US

Currency: US Dollar ($)

Forward PE: 0
Trailing PE: 0
Price-to-Book MRQ: 0
Price-to-Sales TTM: 1.5515
IPO Date:
Fiscal Year End: December
Full Time Employees: 0
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