Paxton Closes on Vermilion 179 Acquisition May 11, 2011Paxton Energy, Inc., reported that Paxton closed on the agreement with Montecito Offshore, LLC ("Montecito") of Louisiana, whereby Paxton acquired a
Paxton to acquire interest in GOM Mar 31, 2011Paxton has entered into a definitive agreement with Montecito of Louisiana to acquire a 70% working interest in 546.875 acres in the Vermilion