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Last $0.0001 USD
Change Today 0.00 / 0.00%
Volume 184.4M
TXHE On Other Exchanges
As of 8:10 PM 11/25/15 All times are local (Market data is delayed by at least 15 minutes).

texhoma energy inc (TXHE) Snapshot

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12/8/14 - $0.0010
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11/25/15 - $0.0001
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texhoma energy inc (TXHE) Details

Texhoma Energy, Inc. engages in the acquisition, exploration, and production of crude oil and natural gas. It primarily focuses on south Louisiana and east Texas, including near-shore Gulf of Mexico. The company holds royalty interests in the Shooter 916 Lease located in Ochiltree County, Texas and the Tonto North 390 B #3 well located in Scurry County, Texas; and various non-operated working interests in eight wells located in Gregg and Upshur Counties, Texas. Texhoma Energy, Inc. was founded in 1998 and is based in Spring, Texas.

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texhoma energy inc (TXHE) Key Developments

Texhoma Energy, Inc. Wins Auctions for Non-Operated Working Interest in Eight Wells Located in Gregg and Upshur Counties, Texas

Texhoma Energy, Inc. announced that it has won a third auction and acquired various non-operated working interests in eight wells located in Gregg and Upshur Counties, Texas. The working interest ownership interest percentages vary between 0.053985% and 0.54487%. The wells are operated by Quantum Resources Management, LLC of Houston, Texas. Combined, these wells have produced an average of approximately 280,000 cubic feet per day of natural gas (MCFPD) and 8 barrels of oil per day (BOPD) over the past six months. The effective date for revenue recognition of the acquisition commenced September 1, 2014. Gilbert Steedley, president of Texhoma, provided the funding for the acquisition.


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