West Texas Resources Inc. today provided details on its broader reactivation strategy for 59 legacy oil and gas wells across Texas. This follows the successful compliance test and restart readiness of one of its natural gas-condensate wells, announced September 30. WTXR recently acquired Texas Coastal Energy Corp. through a reverse merger. The tested well, one of ten similar gas-condensate wells, showed strong pressure [...]
West Texas Resources Inc. , a subsidiary of Texas Coastal Energy Corp. , today announced successful results from a recent Railroad Commission compliance test on one of its natural gas wells, confirming readiness to return the well to production. Surface measurements indicated approximately 4,000 pounds per square inch of gas pressure at the wellhead , supporting near-term tie-in for sales. Based on conservative operating [...]
SCOTTSDALE, Ariz., Sept. 16, 2025 /PRNewswire/ -- Cyber Enviro-Tech, Inc. , an environmentally driven company specializing in the remediation of industrial wastewater, oil, sludge, and soil, today announced the spinoff of its Alvey Oil Field operation to Texas Coastal Energy, Corp. . While this transaction was being negotiated, TCEC completed a reverse merger through which it assumed control and operational stewardship of [...]
West Texas Resources Inc. , a Texas-based independent oil and gas company, announced today that Danilo Cacciamatta has been appointed to the Company's Board of Directors. Mr. Cacciamatta is a co-founder of West Texas Resources Inc. For more than 10 years, Mr. Cacciamatta was the Chief Executive Officer of Cacciamatta Accountancy Corporation, a PCAOB registered independent public accounting firm at which he directed the [...]
FRISCO, Texas, June 29, 2018 -- West Texas Resources announced today that the Company has agreed to a Joint Venture Agreement with Miller Oil Properties, Inc. and D-Mil Production, Inc. . WTR will acquire certain non-operated working interests in properties which are currently owned by non-operating partners to the Miller Companies. These properties are located in Oklahoma and Texas and operated by the Miller Companies [...]
West Texas Resources, Inc. , a Texas-based independent oil and gas company, today announced that it has entered into a Letter of Intent to acquire Gas Tap Corp., a privately-held company substantial natural gas reserves in the Barnett Shale, Texas. Pursuant to the Letter of Intent, West Texas Resources will acquire all of the capital stock of Gas Tap Corp. in consideration of West Texas Resources' issuance of 15 million [...]
West Texas Resources is pleased to announce the execution of a letter of intent to acquire oil and gas properties from an independent oil and gas company in Bakersfield, California. The acquisition, mostly oil properties, is located in Kern County, California. WTXR will be paying approximately $4 million in cash and stock for what is estimated to be $50 million in proved reserved as determined by an accredited oil and gas [...]
West Texas Resources 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.
West Texas Resources 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. 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. Further information will be available soon on the West Texas Resources, Inc [...]
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