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We are excited to present Reserve Petroleum Company (The) (OTC: RSRV).

Full DD Report for RSRV

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Last 5 Days Trading Activity

DateOpen PriceClose PriceHighLowVolume
2018-12-14200.00195.00200.00195.006
2018-12-13N/A200.00N/AN/A0
2018-12-12N/A200.00N/AN/A0
2018-12-11N/A200.00N/AN/A0
2018-12-10205.00200.00205.00200.005

Last 5 Days Short Activity

DateShort VolumeTotal VolumeShort PercentageShort Indicator
2018-12-145683.3333Short
2018-12-065683.3333Short
2018-12-049191100.0000Short
2018-12-031010100.0000Short
2018-11-30707198.5915Short

* Short Mode

Short Analysis provided by Squeeze Report. Get a complete short report on RSRV.


About Reserve Petroleum Company (The) (OTC: RSRV)

Logo for Reserve Petroleum Company (The) (OTC: RSRV)

The Reserve Petroleum Company the Company is engaged principally in managing its owned mineral properties and the exploration for and the development of oil and natural gas properties. Other business segments are not significant factors in the Company s operations. The Company is a corporation organized under the laws of the State of Delaware in . OWNED MINERAL PROPERTIES MANAGEMENT The Company owns non producing mineral interests in , gross acres equivalent to , net acres at December , . These mineral interests are located in nine different states in the north and south central United States. A total of , net acres are located in the States of Arkansas, Kansas, Oklahoma, South Dakota and Texas, the areas of concentration for the Company in its recent exploration and development programs. The Company has several options relating to the exploration and/or development of these owned mineral interests. Management continually reviews various industry reports and other sources for activity leasing, drilling, significant discoveries, etc. in areas where the Company has mineral ownership. Based on its analysis of any activity and assessment of the potential risk relative to the particular area, management may negotiate a lease or farmout agreement and accept a royalty interest, or it may choose to participate as a working interest owner and pay its proportionate share of any exploration or development drilling costs DEVELOPMENT PROGRAM Development drilling by the Company is usually initiated in one of three ways. The Company may participate as a working interest owner with a third party operator in the development of non producing mineral interests, which it owns with a joint interest operator, it may participate in drilling additional wells on its producing leaseholds or if its exploration program, discussed below, results in a successful exploratory well, it may participate in the drilling of additional wells on the exploratory prospect. EXPLORATION PROGRAM The Company s exploration program is normally conducted by purchasing interests in prospects developed by independent third parties participating in third party exploration of Company owned non producing minerals developing its own exploratory prospects or a combination of the above. The Company normally acquires interests in exploratory prospects from someone in the industry with whom management has conducted business in the past and/or if management has confidence in the quality of the geological and geophysical information presented for evaluation by Company personnel. If evaluation indicates the prospect is within the Company s risk limits, the Company may negotiate to acquire an interest in the prospect and participate in a non operating capacity. The Company develops exploratory drilling prospects by identification of an area of interest, development of geological and geophysical information and purchase of leaseholds in the area. The Company may then attempt to sell an interest in the prospect to one or more companies in the petroleum industry with one of the purchasing companies functioning as operator.

 

Contact Information

 

 

Current Management

  • Cameron McLain / President, CEO, Manager, Exploration
    • Cameron R. McLain was elected Chief Executive Officer on May , , and President of the Company on May , . He also serves as Exploration Manager and has served in that capacity continuously since his employment on May , . He was previously employed from May to May as a Southern Oklahoma exploration geologist for Cities Service Oil and Gas Company. Mr. McLain has a Bachelor of Science degree in Geology from the University of Oklahoma and a Master of Business Administration degree from Oklahoma City University.
  • Buck Francis / CFO, Secretary, Treasurer, Vice President
  • Kyle McLain / EVP, Manager, Ops.
    • Kyle McLain was elected Chairman on May , , and Executive Vice President on May , . He also serves as Production Manager and has served in that capacity continuously since his employment on May , . Mr. McLain was previously employed as a reservoir engineer for Gulf Oil Corporation from May to May . He has a Bachelor of Science degree in Petroleum Engineering from the University of Oklahoma.
  • Kyle McLain / Chairman
    • Kyle McLain was elected Chairman on May , , and Executive Vice President on May , . He also serves as Production Manager and has served in that capacity continuously since his employment on May , . Mr. McLain was previously employed as a reservoir engineer for Gulf Oil Corporation from May to May . He has a Bachelor of Science degree in Petroleum Engineering from the University of Oklahoma.

Current Share Structure

  • Market Cap: $32,647,005 - 03/13/2018
  • Authorized: 200,000 - 06/01/2012
  • Issue and Outstanding: 157,715 - 11/03/2017
  • Float: 1,500 - 04/13/2017

 


Recent Filings from (OTC: RSRV)

Quarterly report with a continuing view of a company's financial position
Filing Type: 10-QFiling Source: edgar
Filing Date: May, 15 2018
Official notification to shareholders of matters to be brought to a vote (Proxy)
Filing Type: DEF 14AFiling Source: edgar
Filing Date: April, 19 2018
Annual Report to Shareholders, voluntarily filed electronically
Filing Type: ARSFiling Source: edgar
Filing Date: April, 19 2018
Annual report with a comprehensive overview of the company
Filing Type: 10-KFiling Source: edgar
Filing Date: March, 29 2018
Quarterly report with a continuing view of a company's financial position
Filing Type: 10-QFiling Source: edgar
Filing Date: November, 13 2017

 

 


Daily Technical Chart for (OTC: RSRV)

Daily Technical Chart for (OTC: RSRV)


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The Research: All source information contained in this email is from the public sources mentioned below.

 

 
 

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DD Report
@DDReports

 

 


Disclaimer: DD Report publishes reports providing information on selected companies. DD Report is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. DD Report accepts no liability for any loss arising from an investors reliance on or use of this report. An investment in RSRV is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. DD Report has received no compensation for the publication and circulation of this report. DD Report does not own any shares of RSRV and does not buy, sell, or trade any shares of RSRV. This report contains forward-looking statements, which involve risks, and uncertainties that may cause actual results to differ materially from those set forth in the forward-looking statements. Copyright 2018 by DD Report. All rights reserved. Our Full Disclaimer: https://dd.report/disclaimer/