Pantera Petroleum, Inc. (ESPI/ESPI.OB) Wrap Up:

ESP Resources, Inc. engages in the acquisition of prospective oil and gas properties. It primarily owns interests or holds an option to acquire interests in West Gomez Projects located in Pecos County, Texas; and Chaco Basin Concessions located in Paraguay, South America. The company, through its subsidiary, ESP Petrochemicals, Inc., also manufactures, distributes, and markets specialty chemicals for the oil and gas industry in the Gulf of Mexico and Gulf States region. It supplies production chemicals, drilling chemicals, waste remediation chemicals, cleaners, and waste treatment chemicals for various oil field applications, including separating suspended water and other contaminants from crude oil, pumping enhancement, and cleaning, as well as fluids and additives used in the drilling and production process. The company?s products include surfactants for the production and injection problems; well completion and work-over chemicals to maximize the productivity from new and exiting wells; bactericides to kill water borne bacterial growth; and scale compounds to prevent or treat scale deposits. Its products also comprise corrosion inhibitors; antifoams for controlling foaming problems; emulsion breakers that are formulated for crude oils; and paraffin chemicals that inhibit and/or dissolve paraffin to prevent buildup, as well as water clarifiers for problems associated with purifying effluent water. The company was founded in 2006 and is based in Scott, Louisiana.