Yaterra Ventures to focus on the basins


Yaterra Ventures has announced its strategic direction as an oil and gas exploration and exploitation corporation focused on acquisition and production in and around the State of Texas’ Permian Basin and the Bend Arch-Fort Worth Basin.

These areas are collectively known as the basins, and Yaterra’s mission is to safely and efficiently generate commercially marketable quantities of oil and natural gas.

Mr. Cedric Atkinson, Yaterra’s Chief Executive Officer and Chairman of the Board, has an experienced and diverse background.

“The market for oil hydrocarbons and petroleum in the United States has grown exponentially, creating an unprecedented demand for refined oil and gas. As well, the number of rigs in U.S. oil fields has more than quadrupled in the past three years to 1,272,” he states.

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