Jerry Hammock
Tulsa, OK (USA)
Role(s):
Active Funding Request
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Founder/Owner/Principal
Energy Resources Development, Inc (ERDI)
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Startup
Location:
Tulsa
Industry:
Energy
Year Founded:
2002
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
"S" Corporation
Description:
ERDI is a bonded Oklahoma Oil & Gas operating and Exploration company. Founder and company bio can be found on www.erdiok.com. Since 1981 Jerry Hammock has been directly involved in finding various oil and gas fields some of which are still producing after more than 30 years. November 2008 ERDI made a discovery in the Wilcox zone that has the potential of being very prolific. The oil and gas reserves are believed to lay within 240 acres with a fault closure to the east and a syncline closure to the north. The discovery well is on the west 80 acres with two un-drilled 80 acre tracks to the east. If successful I believe that the oil and gas reserves could exceed $30MM.