ReoStar Energy Corporation is engaged in the exploration, development and acquisition of oil and gas properties, primarily located in the state of Texas. As of March 31, 2010, the Company owned approximately 9,000 acres of leasehold, which included 5,000 acres of exploratory and developmental prospects, as well as 4,000 acres of oil recovery prospects. The Company conducts drilling, production and field operations in the Barnett Shale of North Central Texas and the Corsicana field of East Central Texas. During the fiscal year ended March 31, 2010 (fiscal 2010), the Company divested of its East Texas assets.
REOSTAR ENERGY CORP. 