INCORPORATION AND LEADERSHIP:

Headquartered in Wichita Falls, Texas Oakridge Energy, Inc. was incorporated in 1969 in Salt Lake City, Utah under the name of Oakridge Exploration, Inc. It's name changed to Oakridge Energy, Inc. on February 7, 1983. In August of 1973, Noel Pautsky, Sr. took over the helm as President of the Company.  At this time, the Company's liabilities and assets were approximately equal at less than $20,000.  Mr. Pautsky had been independently active in the oil and gas industry since 1946. With his eye on the opportunities of the future and maximizing shareholder value he had as his goal the acquisition of diverse natural resources.  Mr. Pautsky served as President of the Company until his death in March of 1998. At that time, Sandra Pautsky, Mr. Pautsky's daughter and Executive Vice President of the Company was elected by the Company's Board of Directors as the new President of the Company. Ms. Pautsky continued her father's vision for the Company and served as President until her death in September, 2010 at which time Ms. Pautsky's daughter, Arbie Ray, was elected as President of the Company. Shawn W Price, son of Sandra Pautsky was elected Vice President of the Company. Ms. Ray and Mr. Price strive to carry on the legacy left by their grandfather and mother and will continue to search out opportunities for the Company while maximizing shareholder value.

Principal Producing Oil and Gas Properties:

The Madison County, Texas Property was developed in 1994 by Barrow Shaver Resources (BSR), the operator of the Madison County Texas Property. The BSR (Sub-Clarksville) Field is a stratigraphically trapped oil accumulation of 20 million barrels of oil in place and is fully developed for its primary oil and gas reserves. As the Madison County, Texas Property has aged and production declined a secondary recovery project was undertaken on the field. In fiscal 2003, the Texas Railroad Commission approved the waterflooding project, the property was unitized and the water-flooding project commenced effective as of December 1 2002. The waterflooding project is ongoing. The company currently owns a 25% working interest in the Madison County, Texas Property and it consists of 23 producing wells. 4 Water injection wells and one water supply well.

LA PLATA COUNTY, COLORADO PROPERTY: 

In 1989, the La Plata County, Colorado coal lease, upon which the Company's Carbon Junction Mine was located, was expiring and the land was placed for sale by the owner. In October, 1990, the Company's management recognized the tremendous real estate development potential of the land and purchased the approximately 1800 acres.