REASONS THIS STOCK COULD SOAR WHEN OIL PRICES SPIKE 50 - 100%

  • The company was founded by a former Exxon Mobil president responsible for 300,000 barrels of production a day (BOPD).
  • Management has invested over $1.5 MILLION in establishing the corporate structure, refining acquisition parameters and developing the current deal pipeline.
  • Current production averages 1133 barrels of oil per month (BOPM) representing 950,000 BO proved / probable reserves. This project is estimated to do 3400 BOPM after rework.
  • Proven and probable (2P) reserves associated with their Louisiana assets have a discounted present value (PV10) of $41,245,950 as of a March 1, 2011 reserve summary prepared by management, indicating attractive potential for growth.
  • Closed bridge financing for $150,000 and went public in 2011.
  • Plans to acquire over 1,500 acres with over 59 shut-in wells and 30 producing wells with 40 BOPD of current production, which will do 200 BOPD with minimal rework representing 2.1 MILLION barrels of proven reserves. A preliminary agreement has already been secured.
  • Plans to acquire and develop $200 MILLION in proven reserves.

Monday, July 18, 2011

Cross Border to Present at 2011 Global Hunter Securities Conference

SAN ANTONIO, July 12, 2011 /PRNewswire/ -- Cross Border Resources, Inc. (OTCQX: XBOR) ("Cross Border" or the "Company"), an oil and gas exploration company, announced today that its Chairman and CEO, E. Will Gray II, will present at the 2011 Global Hunter Securities Conference. The event will be held July 17-19, 2011 at the InterContinental Hotel in San Francisco.
Cross Border is scheduled to present on Tuesday, July 19 at 1:00 p.m. local time as part of Track 2. For more information about the conference, please visit http://www.ghsecurities.com/pages/TheConference.aspx.
Investors interested in additional information about Cross Border or arranging a one-on-one meeting with Company executives at this conference or in the San Francisco metro area should contact Jon Cunningham at 407-644-4256, Ext. 107, or email info@redchip.com.
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