Central Natural Resources Inc. (CTNR)
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Central Natural Resources Inc. Profile
| Energy Equipment & Services Industry | Energy Sector | Phelps C. Wood CEO | OTC PINK Exchange | 15459P108 CUSIP |
| US Country | 3 Employees | 6 Dec 2022 Last Dividend | 14 Feb 2001 Last Split | - IPO Date |
Overview
Central Natural Resources, Inc. is a diversified company engaged in the exploration and production of oil and gas, coal mining, and real estate leasing, with additional interests in minerals and timber. Incorporated in 1936, the company operates primarily in the United States, with its base in Kansas City, Missouri. Its operations span across key regions, including Texas, Louisiana, the Arkoma Basin, western Arkansas, eastern Oklahoma, northeastern Oklahoma, southeastern Kansas, Sebastian County, Arkansas, and LeFlore County, Oklahoma.
Products and Services
- Oil and Gas Exploration and Production
- Coal Mining
- Coalbed Methane Production
- Real Estate Leasing
- Mineral and Timber Interests
Central Natural Resources, Inc. specializes in the exploration and production of oil and gas. The company boasts a significant portfolio of on-shore properties, with producing properties located in Texas, Louisiana, and the Arkoma Basin. This segment represents a core operation, leveraging advanced extraction technology to optimize production.
The company holds substantial steam and metallurgical coal deposits in several key locations including western Arkansas, eastern Oklahoma, northeastern Oklahoma, and southeastern Kansas. These operations contribute to both energy production and steel manufacturing processes, emphasizing Central Natural Resources' role in industrial supply chains.
Central Natural Resources, Inc. also explores and produces coalbed methane, a type of natural gas extracted from coal beds. This activity is primarily focused in Sebastian County, Arkansas, and LeFlore County, Oklahoma. Coalbed methane represents an important source of clean energy, aligning with global energy transition goals.
In addition to its natural resource operations, the company engages in leasing real estate properties. This diversification strategy enhances its revenue streams and contributes to its financial stability.
Central Natural Resources, Inc. holds interests in mineral and timber across the mid-western and southern United States. These holdings enrich the company's asset portfolio and offer opportunities for further development and exploration in these sectors.
