FRISCO, TX–(Marketwired – December 01, 2016) – West Texas Resources, Inc. (OTCQX: WTXR), a Texas-based independent oil and gas company is pleased to announce the formation of WTXR Operating (Texas) Inc., a wholly owned subsidiary formed to operate oil and gas wells in Texas. The company was incorporated to operate oil and gas wells in which West Texas Resources, Inc. owns interests. WTXR operating with begin with the operation of several leases in South Texas and a lease in East Texas.
William A. Sawyer, the CEO of WTXR, commented that, “we are now in the operating business.”
About West Texas Resources, Inc.
West Texas Resources, Inc. is engaged in the business of oil and gas exploration and development in North America. The Company’s objective is to become an independent energy company engaged in the acquisition, development and exploitation of oil and gas properties in North America in partnership with oil and gas producers. The Company’s strategy is to pursue strategic acquisitions of interests in oil and gas properties, including prospects with proven and unproven reserves, which it believes to have development potential. The Company targets both new and existing fields and producing wells to be revitalized.