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Orbit Petroleum is a developmental micro cap oil and gas company based in Oklahoma City, Oklahoma. The Company?s stock is traded Over the Counter on the pink sheets with the trading symbol ?OBPT.PK?.
Maximize existing domestic oil and gas production from proven producing fields.
In most cases, the original developer of a domestic field recovers only five to ten percent of the total field reserves. By capitalizing on reserves which have been left, we can provide steady oil and gas production at a much lower risk per dollar than typical new exploration and drilling programs provide.
Orbit Petroleum has Oil and Gas Production in SE New Mexico in Roosevelt and Chaves Counties as well as Gas Production in Matagorda County, Texas near Bay City.
The Chaveroo field in New Mexico is 3500 acres with 92 wells in the San Andreas formation. The Live Oak Bayou-Lake Austin field in Texas is 1092 acres with 5 wells in the Miocene Sand formation.
OIL & GAS OPERATIONS
New Mexico
Orbit Petroleum, Inc. is the owner of 3,500 acres and 92 oil and gas wells in Chavez and Roosevelt Counties, New Mexico. Orbit is continually looking for development opportunities in Southeast New Mexico.
Chaveroo Lease
57 Wells / 2280 Acres / 100% Interest
26 Wells / 1040 Acres / 25% Interest
9 Wells / 360 Acres / 25% Interest
3 Wells / 120 Acres / 65% Interest
Texas
Orbit Petroleum, Inc. is the owner of 1,072 acres in Matagorda County, Texas. In Texas, Orbit holds a majority working interest in 8 gas wells located in the Live Oak Bayou-Hawkins Ranch Field. Orbit is continuing to look for developmental and infield drilling opportunities in Southeastern and West Texas.
Hawkins Ranch Lease
5 Wells / 2092 Acres / 100% Interest
Matex Lease
65 Wells / 4040 Acres / 50% Interest
Oklahoma
Orbit Petroleum, Inc. is not currently the owner of any properties in Oklahoma. Orbit is continually looking for development opportunities in various areas of Oklahoma. This information will be updated if any properties are acquired.
Please visit our home site for more information regarding OBPT.PK
Important Disclosure: This information is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the information should not be construed as advice designed to meet particular investment needs of any investor. Any opinions expressed herein are subject to change. In the purview of Section 17(b) of the Securities Act of 1993 and in the interest of full disclosure, we call the readers attention to the fact that DreamTick-IR is an investor relations. DreamTick-IR has been compensated $5,000 cash a month for a 1 year period along with 50,000 stock options at $4.00 for the promotion of TSTC. DreamTick-IR has been compensated $4000 cash a month for a 1 year period along with 100,000 stock options at $2.00 for the promotion of ORS. DreamTick-IR has been compensated $3,000 cash a month for a 1 year period along with 1,000,000 stock options at $.25 for the promotion of OBPT.
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Sounds like a solid company. How are they doing now?
