Investment Profile
OTCBB Markets: YTRV
There is news and a promotion starting this week. Monday is the day to buy to be ahead of the new promotion and be ready for new highs the of the week. The company is supposed announce all the details about the merger news from last month. The chart now is above the 100 day and this weekend it is trending high on all chat boards. Penny Land Bound
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YTRV Yaterra Ventures Corp.
YTRV Security Details
Share Structure
Market Value 1 |
$24,021 |
a/o Dec 13, 2012 |
Shares Outstanding |
162,130,000 |
a/o Aug 13, 2012 |
Float |
50,956,097 |
a/o Jun 05, 2012 |
Authorized Shares |
200,000,000 |
a/o Jun 05, 2012 |
Par Value |
0.001 |
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Company Description
Yaterra Ventures
Yaterra Ventures Corp. (OTC: YTRV ) is a strategic growth company with a focus on the unique opportunities that are currently available in the U.S. oil and gas production market. The company seeks to become the primary non-operated working interest in its region. Our overall process includes strategic joint ventures and leasing programs that allow us to extract superior results while satisfying the recent increase in domestic demand.
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About the Company
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Yaterra Ventures Corp. (OTCBB: YTRV ) is an oil and gas exploration and exploitation corporation focused on acquisition and production in and around the Permian Basin and the Bend Arch-Fort Worth Basin (collectively the “Basins”).
Our Mission
Yaterra’s mission is to safely and efficiently generate commercially marketable quantities of oil and natural gas. Management maintains the long-term objective of expanding the Company’s oil and gas exploratory operations throughout the United States. Management plans to launch an operating infrastructure for the profitable production of oil and gas through a sustainable business model for the acquisition and retention of valuable leases, wells and other related properties. The Company’s primary business philosophy is rooted in progressive principles of cost-efficiency and its devotion to fiscal responsibility, worker safety and sustainable petroleum retrieval.y
Street Address
Yaterra Ventures Corp.
1102 Slide Road,
No. 30
Lubbock, TX 79416
USA
Telephone
+1.214.736.3321
Fax
+1.214.380.494 4
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Shareholder Information
Corporate Leadership
Cedric Atkinson, the Chief Executive Officer and Chairman of the Board, has an experienced and diverse background. Management believes Mr. Atkinson’s experience and ability to identify under-valued properties will assist the Company in making cost-effective acquisitions that align with this business plan.
The Industry
The market for oil hydrocarbons and petroleum in the United States has grown exponentially, creating an unprecedented demand for refined oil and gas. The Forecast for U.S. total crude oil production increases to 6.17 million bbl/d in 2012. The rise in production is driven by increased oil-directed drilling activity, particularly in onshore tight oil formations. As well, the number of onshore oil-directed drilling rigs reported by Baker Hughes increased from 777 at the beginning of 2011 to 1,355 on May 4, 2012. The United States’ rapidly declining crude oil supply has made a stunning about-face, shredding federal oil projections and putting energy independence in sight of some analyst forecasts. After declining to levels not seen since the 1940s, U.S. crude production began rising again in 2009. Drilling rigs have rushed into the nation’s oil fields, suggesting a surge in domestic crude is on the horizon. The number of rigs in U.S. oil fields has more than quadrupled in the past three years to 1,272, according to the Baker Hughes rig count. Including those in natural gas fields, the United States now has more rigs at work than the entire rest of the world.
Strategies for Success
Management anticipates that with adequate capital the newly acquired wells will be fully operational and productive within months. Management further expects to harmonize the Company’s plan for growth with production by retaining long-term operational staff and permanent corporate directors and officers. Human resources and employee retention are envisaged by Management to play a critical role in acquiring and operating additional oil and gas properties throughout the Basins and beyond.
Management believes that the Company can achieve profitable oil production beginning with identifying and capitalizing on oil and gas properties in the Basins. Yaterra has invested, and expects to continue to invest, considerable time and effort into the identification of potentially valuable distressed and orphaned wells in and around the Basins. Management aims to harness this ability and acquire low-risk property rights with appreciable potential for oil and gas production.
As well, you can find market related information including charts, history, share structure and corporate fundamentals please visit YTRV on OTC Markets
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Yaterra Ventures Corp. Forms Strategic Alliance with P2P Technology Pioneer to Develop Proprietary Consumer and Enterprise Solutions
LUBBOCK, Texas, Sep 20, 2012 (BUSINESS WIRE) -- Yaterra Ventures Corp (OTC: YTRV) is pleased to announced that it has partnered with Mike Helm, founder of EverNet Systems and Dittotalk, to develop white label and software solutions for the company. Helm is also a former member of the top 40 people under 40 in Silicon Valley. The win-win alliance also includes plans to acquire licenses from Helm's Dittoware, a patent pending technology that both parties are confident has the ability to revolutionize how information is shared and taught electronically.
Yaterra CEO, Cedric Atkinson states, "We have identified three unique products that we will be develop with Mike Helm and his team, which has been working in the P2P realm, filing patents well before Napster was even conceived."
The patents covered a wide range of P2P architectures and, at the time, Helm's Evernet was a prime acquisition target by an undisclosed technology company.
Atkinson continues, "We'll look to acquire licenses for certain verticles that we believe will provide a strong foundation for high growth potential and exponential shareholder value. I am very pleased with recent developments for Yaterra in the IT realm. We have much to be shared in terms of development here and in our Oil and Gas initiatives in the state of Texas in the coming days."
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
SOURCE: Yaterra Ventures Corp
CONTACT:
Yaterra Ventures Corp Cedric Atkinson, 718-710-4508 info@yaterra.com
Copyright Business Wire 2012
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