Welcome to Corda Corporation

Corda Corporation is a privately held Texas corporation engaged in oil and gas exploration since 1982. Corda and Paul DeCleva operate 56 producing wells in Texas.

In 2011 Corda Corporation's gross oil and gas revenue from operated properties was $9,436,249.42. Average price per barrel in 2011 was $92.37.

Corda has an executive office in downtown Dallas and a production office in Wichita Falls, Texas. Corda's explor-ation activities are spread across all areas of Texas.

Unlike many public and private companies that concentrate on acquisition of already producing properties, Corda has a proven record of finding its oil and gas reserves by drilling and exploring on leases in mature geological regions. Completion operations and field supervision are conducted by Corda personnel to ensure accountability to its partners.

As of January, 2012, posted oil price for West Texas Intermediate crude was over $95.00 per barrel. Natural gas prices in the Northwest Texas area remain at $4.41 per MCF, although many expert predictions call for much lower gas prices in 2012. In spite of these lower gas prices, we will continue to look for and drill solid gas prospects provided there is an easy way to connect and sell the gas through low-pressure gas pipelines. Prospective areas include development locations in Jack and Young Counties, Texas.

In 2012, Corda will continue its 3-D seismic shoot in Hardeman County, Texas. This program should yield at least three drillable prospects in the Mississippian Chappel trend. In the first quarter of 2012 Corda will also undertake the reworking of several existing wells to increase production and cash flow.

Other activities of Corda include management of owned mineral interests in the Barnett Shale gas trend located in Johnson County, Texas, and partial ownership interest in salt water disposal facilities in the Fayetteville shale trend in Arkansas and the Eagle Ford shale trend in South Texas.