Etoco maintains a small team of experienced, multi-disciplined employees with strong engineering, technical and operational backgrounds supported by state-of-the-art technologies and management information systems. Etoco has focused upon, and intends to continue to develop, a portfolio of operated high-working-interest oil and gas properties located in the Texas Gulf Coast Region, Louisiana, Mississippi, and Colorado that will generate cash and consistently earn above average returns on capital employed.

 Etoco, L.P. is a private oil and gas company with a small group of experienced personnel that acquire leases, explore for oil and gas and operate producing properties in Texas and Louisiana.  The Company plans to continue expanding its operations within Texas and Louisiana.  Despite an adverse price cycle for the 2010 fiscal year, the company spent $30 million for leases and drilling, had gross oil and gas sales of $42 million, its current assets exceed current liabilities by over $16 million, and the net value of its oil and gas properties after depletion, depreciation, and amortization was $78.6 million.