Posted by Katie Woodward - OilVoice
West Texas Resources, Inc. (OTCQX: WTXR), a Texas-based independent oil and gas company is pleased to announce the acquisition of six oil and gas leases in South Texas. The leases are located in Caldwell, Gonzales, Jim Wells, and Wilson Counties, Texas.
The leases are producing 10 BOPD with some shut in gas. WTXR acquired the properties for stock from an independent oil and gas producer who is divesting of its assets.
William A. Sawyer, the CEO of WTXR, commented that "this acquisition is in keeping with our plan of acquiring assets which have the potential for improvement of current wells and with underlying potential."
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