Resource Oil and Gas
701 Cedar Lake Blvd, Suite 210 , Oklahoma City, Oklahoma, United States

J. Steven Wetwiska formed Okland Oil Company (Okland) as an Oklahoma Corporation in September of 1978. The Company issued stock at incorporation to Mr. Wetwiska and family. There have been no subsequent offerings of common stock since incorporation, and the corporation remains closely held. The Company became active immediately in oil and gas exploration in Oklahoma, developing prospects for drilling in the western part of the state. Since formation in late 1978, the Company has been the operator of approximately 400 oil and gas wells and a participant in over 1,000 wells. These activities resulted in completions in excess of 80% of the time. Okland has raised several hundred million dollars from private investors for drilling and development projects.