Company Overview

Cross Border Resources, Inc. (OTC: XBOR) was an independent oil and gas exploration and production company focused primarily on acquiring, developing, and operating onshore energy assets in the United States. Public filings and historical investor materials indicate that the company concentrated much of its activity in the Permian Basin region of West Texas and Southeast New Mexico, targeting conventional and unconventional hydrocarbon reserves. Its operations were tied to the upstream energy sector, with revenue historically derived from crude oil and natural gas production, lease interests, and related energy asset development activities.

The company’s strategy historically emphasized acquiring underdeveloped or producing oil and gas properties with redevelopment potential through drilling, recompletions, and enhanced recovery techniques. Available public disclosures show that Cross Border Resources, Inc. evolved through a series of asset acquisitions and restructuring efforts intended to build a diversified portfolio of producing properties and exploration opportunities. Public information regarding more recent operational activity, financial performance, and corporate status is limited, and some historical disclosures appear inconsistent across market data providers and legacy filings. Data inconclusive based on available public sources.

Business Operations

Historically, the company operated as a single-industry upstream energy business focused on exploration, development, and production activities rather than downstream refining or midstream transportation. Its principal assets included working interests in oil and natural gas wells, leasehold acreage, and associated mineral rights primarily within the Permian Basin. Revenue generation depended largely on commodity production volumes and prevailing oil and gas prices. Public filings indicate that operational activities included drilling programs, reserve development, well maintenance, and production optimization.

The company’s operational footprint appears to have been concentrated domestically within the United States, with no widely documented large-scale international operating divisions. Historical disclosures referenced relationships with industry operators, drilling contractors, and technical service providers supporting field development activities. Publicly available information does not clearly identify major long-term joint ventures or globally significant subsidiaries comparable to larger integrated energy companies. Data inconclusive based on available public sources regarding current operating assets and active business units.

Strategic Position & Investments

Historical strategic positioning centered on expanding reserves and production through acquisitions of producing properties and undeveloped acreage in established hydrocarbon regions. Company materials and historical filings suggest management sought to capitalize on the economics of mature oil-producing regions by applying redevelopment strategies and targeted drilling investments. The company also appeared to pursue financing arrangements and restructuring initiatives intended to support ongoing development activity during periods of commodity price volatility.

Publicly available records reference acquisitions and property transactions involving energy assets in Texas and New Mexico, though detailed current ownership and portfolio composition are not consistently verifiable across available sources. There is limited evidence of diversification into renewable energy, advanced energy technologies, or major international investments. Compared with larger exploration and production companies, Cross Border Resources, Inc. remained relatively small in scale and focused primarily on traditional upstream oil and gas operations.

Geographic Footprint

The company’s operational presence was concentrated in the United States, particularly within the Permian Basin region spanning portions of West Texas and Southeast New Mexico. Historical filings and market summaries identify these regions as the core areas for drilling, production, and reserve development activities. The company was headquartered in Texas during much of its operating history.

There is no substantial public evidence indicating a broad multinational operating footprint or significant overseas investment platform. Market exposure was therefore primarily tied to North American energy production economics and domestic commodity pricing conditions. Public information regarding active field operations, office locations, or current geographic expansion plans remains limited. Data inconclusive based on available public sources.

Leadership & Governance

Historical corporate filings identify a number of executives and directors associated with the company during various stages of its development and restructuring. Leadership strategy appeared focused on reserve growth, operational development of acquired assets, and navigating commodity market cycles within the upstream energy sector. Due to the age and inconsistency of some public disclosures, executive roles may have changed over time and not all leadership information can be independently confirmed as current.

• David W. Tanner – Former Chief Executive Officer
• William T. “Bill” Wallender – Former Chairman and executive leadership roles associated with company development
• Randy C. Williams – Executive and board leadership roles referenced in historical filings

Current executive leadership and governance structure could not be conclusively verified from consistently updated public filings and reliable market sources. Data inconclusive based on available public sources.