North Texas Energy, Inc.

North Texas Energy, Inc. (NTE) is a public oil and gas company. Our primary focus is the drilling and development of new oil wells in fields that are known but essentially unproduced. In 2003, the US Geological Survey (USGC) reclassified many of these oil fields as undiscovered because the fields contain more than 90% of the originally discovered oil. Consequently, there are no exploration risks associated with our operations because the oil field is already known and documented.