Here is the recap of TEGR’s activities, which we extracted and analyzed based only on the Company’s public press releases, and it is very likely that even more substantive and exciting stuff is “cooking” at Terra. They are global, performing its services internationally. Just recently, Terra’s innovative exploration services were engaged in Texas, Nevada, Cambodia, and Kazakhstan. The value of the Terra technologies is so high, that the Company receives royalties and other kinds free interest in other firms’ exploration projects, involving prospecting for rubies, gold, oil and gas, and even marble. If that is not enough, Terra Energy & Resource Technologies, started its own Terra Diversified Drilling, a highly diversified portfolio of US onshore oil and gas holdings. The Company is making giant steps towards even larger projects – the oil and gas elephant hunting in Tasmania! Terra works and is affiliated with reputable firms, like the American Stock Exchange traded Lucas Energy, a Houston-based oil and gas company. How many small, with just a few wells, oil and gas independents exist trading around $1 per share? Plenty! Take a look at Terra Energy & Resource Technologies at today’s share price of $0.10 per share and do your own math. It is an extremely exciting and a promising Company!
Wall Street has always treasured companies which “transition” from business models with low profitability to high rate of return sectors. Financial history is replete with such great shifts in fortune as Wells Fargo & Co. which morphed from a dusty stagecoach company to a nationally recognized banking giant. Our old favorite, Kirby Corporation (KEX) which now graces the New York Stock Exchange has witnessed a one hundred fold increase in market value since the 1970’s by diversifying from its oil and gas business to everything from barges to nuclear components. Another old favorite of ours, Dearborn Storm Corp. soared 1000% in the 1970’s by merging an oil driller with a leasing company only to be acquired in a blaze of glory. Our illustrious Harold Davis thought the ultimate transition was an oil services company which becomes an oil and gas developer, since “the seismic guys knew where to find oil the wildcatters never even imagined.” Within the last twelve months, we witnessed the acquisition of Grey Wolf Corp. by Precision Drilling for the exact same raison d’etre.
Precisely for that reason, we are excited to present to you Terra Energy & Resource Technologies, Inc.(TEGR.OB). This exploration technology company appears to be diversifying from innovative exploration services into becoming an oil and gas exploration and production company through the proposed diversified acquisition of some exciting properties in 2010. Keep in mind that this Company’s innovative exploration technologies significantly reduce prospecting risks and should grant Terra Energy & Resource Technologies a real edge in locating and producing oil and gas.
Terra currently provides a comprehensive suite of four proprietary innovative technologies for exploration of a wide range of mineral resources including oil and gas, metals, kimberlites, uranium, water plus other minerals. Terra’s technology suite is designed to significantly improve the exploration success rate as well as substantially reduce time and dollar expense in connection with the entire project.