Cross Border Resources, Inc., an independent natural gas and oil company, engages in the acquisition, exploration, development, and exploitation of natural gas and oil reserves in North America. The company focuses on the southeastern New Mexico. It owns approximately 865,893 gross mineral and lease acres in New Mexico. The company is headquartered in Dallas, Texas. Cross Border Resources, Inc. is...
Cross Border Resources reported revenue of $12.35 million for fiscal year 2014, down 5.9% from fiscal year 2013, and net income of -$2.46 million. In Q1 2015 (the quarter ended March 31, 2015) revenue was $1.45 million, down 58.4% from a year before.
Figures from company filings; latest fiscal year ended December 31, 2014.
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