COMPANY

Eternal Energy Corp. (OTCBB:EERG) is a publicly traded, early stage oil and gas exploration and development company.

EERG owns seventy-five percent (75%) of the SW extension of the West Ranch Field in Jackson County, Texas. The Glasscock reservoir that underlies EERG's interest is believed to be a hydrocarbon-bearing reservoir and will be undergoing a waterflood in 2008.

EERG controls exclusive access to a proprietary and patented down-hole gas/water separation and re-injection process. A substantial number of gas wells suspended or abandoned in the Canadian Western Sedimentary Basin may be amenable to the use of this technology.

EERG owns a five percent (5%) overriding royalty interest in 345,212 acres leased to Ryland Oil Corporation (RYV:TXv), an oil company with significant potential reserves in Western Canada and the Northern US. EERG also maintains a ten percent (10%) working interest in 11,152 acres of Ryland’s Northern US properties.

Eternal Energy Corp., also owns 52,957 acres in a Mississippian-aged, fractured shale project in the Great Basin of Nevada.

       
Mailing Address
 2549 West Main Street
Suite 202
Littleton, Colorado 80120
 Stock Symbol OTCBB: EERG
Head Office Address
 2549 West Main Street
Suite 202
Littleton, Colorado 80120
 Governing Jurisdiction Nevada
Contact Name
 Brad Colby Auditor Kelley and Company
POP System Issuer
 No Industry Classification 1,000
Telephone Number (303) 798-5235 CUSIP Number 29759Y107
Reporting Jurisdictions Nevada Transfer Agent Holladay Stock Transfer, Inc.
Fax Number (303) 798-5767 Financial Year-End December 31
Stock Exchange
 OTCBB Size of Issuer (Assets)
 $5.7-million (as at 9/30/07)
Date of Formation
 July 2003    

 

Overview in USD

Stock Exchange Listing: OTCBB: EERG
Shares Outstanding: 44,550,000
Market Capitalization: $4.5-million
Share Price: $0.10 (Nov 20)
3 Month Avg. Daily Trading Vol: 55,562

Programs

pilot waterflood Texas, Summer 2008

pilot DWGS project Spring 2009

ongoing drilling (Ryland) of royalty acreage