Scandoil  

West Texas Resources acuires WI in Gregg County, Texas lease


Published Feb 26, 2016
West Texas Resources, Inc.-2

West Texas Resources, Inc. has completed a working interest acquisition agreement with Two Eagles Resources of White Oak, Texas. The agreement involves West Texas Resources acquiring 25% Working Interest (18.75% net revenue interest) in the T.W. Lee Unit No. 1 located in Gregg County, Texas.

J.D. Kerr, CEO of West Texas Resources, said, "We are very pleased to announce this acquisition. It represents our continuing efforts to identify unique and promising opportunities for the company during these challenging times in the oil and gas sector. We remain active in our efforts to opportunistically pursue additional acquisitions of oil and gas properties and build shareholder value."

Tags: West Texas Resources




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml