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Escalera Resources Co (DBLE)

Double Eagle Petroleum is an independent energy company engaged in the exploration, development, production and sale of natural gas and crude oil, primarily in Rocky Mountain Basins of the western U.S. Co.'s main properties are located in southwestern Wyoming. Co. has coal bed methane reserves and production in the Atlantic Rim Area of the eastern Washakie Basin and tight gas reserves and production on the Pinedale Anticline in the Green River Basin of Wyoming. Co. also has an active exploration project to pursue hydrocarbons in the Niobrara formation in the Atlantic Rim. At Dec 31 2012, Co. had estimated proved reserves of 256,144 barrels of oil and 76.59 billion cubic feet of natural gas.

Preferred: DBLEP

Name:  Escalera Resources Co
Website:  www.dble.com
Sector:  Oil & Gas Exploration & Production
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Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com

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