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Profile
Stratum Holdings, Inc. is an energy holding company. Its operations are focused on the domestic exploration & production business in Houston, Texas. In that business, its wholly-owned subsidiaries, CYMRI, L.L.C. and Triumph Energy, Inc., maintain working interests in approximately 45 to 50 producing oil and gas wells in Texas and Louisiana. Its competitors include oil and gas companies, large and small independent producers and individual producers and operators. The oil and gas industry is subject to extensive federal and state governmental regulations which affect the Company's Exploration & Production business. These governmental mandates include federal and state regulations governing environmental quality and pollution control, state limits on allowable rates of production by individual well or proration unit, the amount of oil and gas available for sale, the availability of adequate pipeline and other transportation and processing facilities and the marketing of competitive fuels.