Energytec Inc. (EYTC/EYTC.PK) Wrap Up:

Energytec, Inc. engages in the acquisition, exploration, and development of oil and gas properties in the United States. It owns working interest in approximately 60,701 acres of oil and gas leases comprising 108 gross producing wells and 343 gross nonproducing wells in Texas and Wyoming. The company also owns a gas pipeline of approximately 63 miles in Texas; and provides contract drilling and well operation services to third parties, as well as engages in the sale and distribution of oil recovery chemicals and materials related to well operation services. As of December 31, 2006, it had total proved reserves of 943,497 barrels of oil, condensate, and natural gas liquids; and 356,075 thousa...