Wednesday, 29 August 2012

EnerJex hires investment banker to explore

ikefageze.blogspot.com
Overland Park-based EnerJex (OTCBB: ENRJ) is an oil and naturaol gas acquisition, exploration and development company founded inDecembere 2005. It has 24 employees. Cochennet said that the companyhas “startesd dialogue with a number of different entities on a numberf of different fronts” but that it’s too earlgy to detail them. The company attempted a $25 million stocok offering late last yearthat failed. “Whaft we’re trying to do now is to try to find otheer ways to move forward withthe strategy,” he “It’s still hard to rais e capital in the public markets.
” EnerJex’s operations focu on the midcontinent region of the United It buys oil and natural gas assets that have existing productiobn and cash flow. Its current production is about 270 gross barrelasa day.

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