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Arete Industries Inc ARET

Arete Industries, Inc. is an independent oil and gas company. The Company is engaged in the acquisition and development of oil and natural gas reserves through a program, which includes purchases of reserves, re-engineering, development and exploration activities primarily focused on Wyoming, Kansas, Colorado and Montana. The Company holds interest in the producing oil and gas leases located in Sumner County, Kansas and Kimball County, Nebraska. It also owns a gas gathering system (pipeline and compressor station related assets) in Campbell County, Wyoming. The system consists of over 4.5 miles of eight-inch coated steel pipeline. The Company also acquires interests in traditional oil and gas ventures and seek properties that offer profit potential from overlooked and by-passed reserves of oil and natural gas, which may include shut-in wells, in-field development, stripper wells, re-completion and re-working projects.


GREY:ARET - Post by User

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Post by bobismydadon Dec 13, 2020 4:59pm
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Post# 32096399

Arete Ind. Inc

Arete Ind. IncArete had a loan due this fall, and some talk is that theCEO wantsto buy the other  small notes, the stock hit 6 cents, a month ago but has had bids of 1 cent....something is going on---in Colorado maybe good----also in a note--

a working interest in the Government Canada #1 well in Niobrara County, Wyoming
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