We have developed a reputation for integrity and honesty in its business dealings. This has enabled the company to acquire leases which require these principles. National Energy Development Inc. is active in the Illinois Basin and the Appalachian Basin. In recent years, the company has discovered some of the most productive oil wells in the State of Tennessee in Overton County, Tennessee. The company is continuing to seek prospective oil leases to test, as well as acquiring oil producing leases.