EnerJex Resources, Inc. (NYSE MKT: ENRJ) is an independent exploration and production company focused on the acquisition and development of oil and natural gas properties located in the Mid-Continent regions of the United States. The company owns oil and gas leases in multiple hydrocarbon basins located in Kansas.
EnerJex’s producing assets are characterized by long lived reserves with low production decline rates, and the company has identified more than 500 drilling locations within its existing properties. Through its large acreage footprint in the Denver-Julesburg (“DJ”) Basin, EnerJex also has exposure to emerging oil resource plays including the horizontal Niobrara and Codell plays in Weld County, Colorado. The company’s management team has more than 100 years of combined experience in the oil and gas exploration and production industry, including geology, engineering, operations, and finance.