terra energy & resource tech
(TEGR:OTC US)
terra energy & resource tech (TEGR) Snapshot
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Day High
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Day Low
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52 Week High
07/24/12 - $0.03
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52 Week Low
11/19/12 - $0.0020
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Market Cap
1.6M
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Average Volume 10 Days
3.0K
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EPS TTM
$-0.01
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Shares Outstanding
126.5M
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EX-Date
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Related News
terra energy & resource tech (TEGR) Related Businessweek News
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Terra Energy & Resource Technologies, Inc. is a technology and services company operating in the field of exploration. It possesses and operates a suite of four technologies, used to locate oil and gas, gold, uranium, and other minerals. The company, through its subsidiary, Terra Insight Services, Inc., provides mapping, surveying, and analytical services to exploration and production, as well as mining companies. It also provides information, consulting services, and reports that include geological maps of a defined geographic territory and analyses and assessment of the likelihood of the existence of a targeted-natural resource in a requested territory. The company’s four technologies consist of satellite-based Sub-Terrain Prospecting (STeP) technology, geochemical Naturally Adsorbed Gas Survey (NAGS), micro-seismic Side-View Seismic Locator (SVSL) technology, and passive seismic technology, Seismic Location of Emission Centers (SLEC). Its technologies are designed to address pertinent exploration challenges and issues and significantly improve the exploration success rate, while reducing prospecting expense and time. Terra Energy & Resource Technologies, Inc. was founded in 2005 and is based in New York, New York.
terra energy & resource tech (TEGR) Key Developments
Terra Energy & Resource Technologies, Inc. has been granted a services contract by Kuwait Oil Company for oil and gas exploration in Kuwait. The services contract is a result of Terra winning a public tender "Satellite Based New Mapping Technique to Provide Subsurface Structural Features for North and South Ratqa Field" announced by KOC in 2012. Terra plans to deploy its Sub-Terrain Prospecting technology over a 200 square kilometer area and complete its analysis within four months.
Terra Energy & Resource Technologies, Inc. has been granted a second phase services contract by Transportadora de Gas del Sur S.A. a major Argentine gas transportation company operating one of the longest gas pipelines in South America. According to the contract, Terra is to utilize its innovative satellite-based methodology on a limited distance of TGS's pipeline to identify conditions and risk factors which could lead to pipeline malfunction. The second contract is in furtherance of the original agreement entered in 2011.
Terra Energy & Resource Technologies, Inc. announced that it has signed a service contract to survey approximately 17,000 square kilometers for oil and gas in the province of Santa Cruz, Argentina using the company's proprietary technology STeP(R). The contract was awarded to Terra by the joint venture company of two oil companies Oil M&S S.A. and Unitec Energy S.A.
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Industry Analysis
TEGR
Industry Average
| Valuation | TEGR | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.5x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 1.1x |
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To contact TERRA ENERGY & RESOURCE TECH, please visit www.terrainsight.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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