Eagle Ford Oil & Gas Corp (ECCE)

Eagle Ford Oil & Gas Corp was formerly known as Ecco Energy Corp. It was originally incorporated under the laws of the State of Utah in 1989.It is an independent oil and gas company engaged in oil and gas development, exploration and production with properties and operational focus in the Gulf Coast Region. Its strategy is to grow its asset base by purchasing producing assets at a discount to reserve value, increasing the production rate of reserves, and converting proved developed non-producing reserves to proved developed producing reserves. Its principal assets are oil and gas properties, including a 100% working interest in oil and gas producing properties located in Nueces County, Texas. It encounters competition from other natural gas and oil companies in all areas of its operations, including the acquisition of exploratory prospects and proven properties. The Company's oil and gas exploration, including future production and related operations are subject to extensive rules and regulations promulgated by federal and state agencies. Failure to comply with such rules and regulations can result in substantial penalties.