Blue Earth Resources Inc. (BERI)

Overview

Blue Earth Resources, Inc., operating through its subsidiary PetroResources, Inc., focuses on the strategic acquisition and asset management of royalty and override royalty interests, as well as non-operating working interests in producing oil and gas properties within the United States. This strategic positioning allows the company to manage a diverse portfolio, holding minority interests in approximately 300 wells across 8 states. Originally known under the name Century Controls International, Inc., the company underwent a significant rebranding to Blue Earth Resources, Inc. in September 2010. The company is headquartered in Inver Grove Heights, Minnesota, emphasizing its commitment to contributing to the energy sector by managing valuable oil and gas asset investments across the nation.

Products and Services

• Royalty and Override Royalty Interests Acquisition and Management

  Blue Earth Resources specializes in the strategic acquisition and management of royalty and override royalty interests. This involves owning a portion of the production or revenue from oil and gas wells without the responsibility for the cost of production. It provides a financially strategic advantage for the company by ensuring a steady income stream from the oil and gas production activities without bearing the operational costs and risks associated with drilling and production.

• Non-Operating Working Interests in Producing Oil and Gas Properties

  The company also focuses on the acquisition and asset management of non-operating working interests in producing oil and gas properties. Owning non-operating working interests means that Blue Earth Resources invests in the production of oil and gas without being directly involved in the day-to-day operations of the drilling, production, or sale of hydrocarbons. This allows the company to benefit from the oil and gas sector's growth while minimizing operational risks and expenses.