Standard Energy Corp. (STDE/STDE.OB) Wrap Up:

Standard Energy Corporation engages in the acquisition and resale of unproven oil and gas leaseholds. It also provides various oil and gas leasehold services, as well as receives royalty income from leasehold interests. The company obtains leases through purchases in competitive bidding programs offered by various State agencies, principally the States of Utah and Wyoming. The company, through its wholly owned subsidiary, Petroleum Investment Company (PIC), provides various geologic lease evaluation services; and provides information relating to geologic data, recommendations, and reports with respect to leaseholds offered in the leasing programs. In addition, PIC sells information with resp...