North Texas Energy

North Texas Energy Inc. (NTE) is a public company that specialises in Microbial Enhanced Oil Recovery (MEOR). They acquire the leases on existing abandoned fields and apply our proprietary MEOR techniques using Nautilus E&P that increases significantly the proven reserves of oil recovered than was technologically available to date. The pictures and videos below show the effect of Nautilus E&P on a group of wells in Milam County in Texas were with a total of 8 Million Barrels of net recoverable oil. Within six months from starting the treatment, they have developed 11 wells that had been abandoned for over 20 years and are expecting to developed a further 4 wells in the coming weeks. once the production has stabilised on these wells at around 75 to 100 barrels of oil per day. This was achieved with a production cost of less than USD 10 per barrel.

We would like to take this opportunity to thank the Chairman CEO of North Texas Energy Inc. and the officers of the board for sharing the results of the treatment with us and authorising us to publish these results on our web site.

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