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| Net Income | 0 | 0 | 0 | 0 | 0 |
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Red Mountain Resources Inc (RDMP)
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Red Mountain Resources Inc is an energy company engaged in the acquisition, development, and exploration of oil and natural gas properties. The company's operations are focused on the Permian Basin of West Texas and Southeast New Mexico and the onshore Gulf Coast of Texas. The Company combines an experienced management and consulting team with a fully-integrated strategy for growth and development. The Company intends to grow production and reserves through development and exploration activities in its properties and through acquisitions that meet its long-term objectives for production. The Company has a gross acreage position covering approximately 5,091 acres (4,125 net) in the Permian Basin of West Texas and Southeastern New Mexico. RMR has a gross acreage position covering approximately 5,091 acres (4,125 net) in the Permian Basin of West Texas and Southeastern New Mexico. RMR's onshore Gulf Coast assets currently total an area of 4,595 gross acres (1,387 net acres) with mainly gas-producing wells. The main sources of production are the Wilcox and Hinnant Sands formations.