National Energy Group Inc. was founded in 1955 and is headquartered in Dallas, Texas.
Until November 21, 2006, National Energy Group, Inc. was a management company actively engaged in the management of the exploration, development, production and operations of oil and natural gas properties, primarily located in Texas, Oklahoma, Arkansas and Louisiana.
After November 21, 2006 National Energy Group, Inc. stopped business operations and as a result became a shell company (a company with no significant operations). Their principal assets consist of cash balances and investments thereof.
Company has plans of acquisition or merging with other businesses.
