Welcome to Spindletop Oil & Gas Co Spindletop Oil & Gas Co., was organized as a Texas Corporation in September 1985. It is an oil and gas company engaged in the exploration, development and production of oil and natural gas; the rental of oilfield equipment; and through one of its subsidiaries, the gathering and marketing of natural gas. The Company has focused its oil and gas operations in Texas, and operates its properties in six states including Texas, Oklahoma, New Mexico, Louisiana, Alabama and Arkansas. The Company operates its projects through the drilling and production phases. In addition, the Company, through PPC, owns approximately 26.1 miles of pipelines located in Texas, which are used for the gathering of natural gas. These gathering lines are located in the Fort Worth Basin and are being utilized to transport the Company's natural gas as well as natural gas produced by third parties. The Company owns various interests in wells located in 15 states and the Company's operations are currently located in 6 of those states which include Alabama, Arkansas, Louisiana, Oklahoma, New Mexico and Texas. The Company has three businesses first being the segments exploration, acquisition, development and production of oil and natural gas, second segment includes gas gathering, and third segment consists commercial real estate investment. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas, and the gathering and marketing of natural gas. The Company is also engaged in commercial real estate leasing through leasing office space to non-related third party tenants in the Company's corporate headquarters office building. The products marketed by the Company are crude oil and natural gas which are sold to oil and gas companies, brokers, pipelines and distributors, and oil and gas properties which are acquired and sold to oil and gas development entities. http://www.spindletopoil.com/
For general information or questions
Spindletop Oil & Gas Co.
One Spindletop Centre
12850 Spurling Road, Ste. 200
Dallas, Texas 75230-1279
|Market Value1 ||$39,883,547 ||a/o Nov 07, 2014 |
|Shares Outstanding ||6,936,269 ||a/o Aug 14, 2013 |
|Float ||Not Available |
|Authorized Shares ||7,677,471 ||a/o Jul 13, 1990 |
|Par Value ||0.01 |
|Shareholders of Record ||544 ||a/o Apr 15, 2014 |
Spindletop knows that a well balanced formula of acquisitions and exploration and development drilling is the key to success. Spindletop is engaged in the exploration, development and production of crude oil and natural gas in North America. Spindletop would like to work with you. If you have producing properties or drilling projects for sale or if you are interested in purchasing some of our properties, or if you are interested in one of our drilling prospects, please contact us. Spindletop's long range plans are to strategically grow the company through good quality, high potential drilling projects and select acquisitions. In the short term, Spindletop's plans are to continue to look at revenue-enhancing ways to bring value to the bottom line.
Chris G. Mazzini, President, CEO, and Chairman of the Board
Mr. Chris G. Mazzini has been President of Spindletop Oil & Gas Co. since 1999 and serves as its Chief Executive Officer. In addition, Mr. Mazzini serves as the Chief Executive Officer and President of Giant Energy Corp. Starting his career in the oil and gas industry, Mr. Mazzini began as a petroleum geologist with Spindletop in 1979, working the Fort Worth Basin of North Texas. He served as Vice President of Geology of Spindletop from 1982 to 1985. Mr. Mazzini founded Giant Energy Corp. in 1985 and has served as President and CEO of Giant since its inception. He has worked numerous geological basins throughout the United States with an emphasis on the Fort Worth Basin.
Mr. Mazzini is responsible for several new field discoveries in the Fort Worth Basin. Mr. Mazzini graduated from the University of Texas at Arlington in 1979 with a Bachelor of Science degree in geology. He is a Certified Petroleum Geologist and a Licensed Professional Geoscientist in the State of Texas. He is a member of the American Association of Petroleum Geologists, Society of Independent Professional Earth Scientists, Dallas Geological Society and past Treasurer, Texas Independent Producers & Royalty Owners Association, Texas Alliance of Energy producers and other profession organizations. Mr. Mazzini is also a member of the Board of Directors of Texas Alliance of Energy Producers. He has recently been appointed to the University of Texas at Arlington Development Board.
Michelle H. Mazzini, Vice-President, General Counsel, and Director
Ms. Mazzini has a Bachelor of Science Degree in Accounting from the University of Southwestern Louisiana where she graduated Magna Cum Laude in 1985. Ms. Mazzini also has a law degree from the Louisiana State University where she graduated Order of the Coif in 1988. Ms. Mazzini began her career with a large law firm in Dallas where her practice focused on general corporate and finance transactions. Ms. Mazzini also worked as Legal Counsel for a large global telecommunication manufacturing company where her practice was broad-based.
Ted R. Munselle, Independent Director and Chairman of the Audit Committee
Mr. Ted Munselle was appointed as a member of the Board of Directors of Spindletop Oil & Gas Co. on February 17, 2012. Mr. Munselle has been Vice President and Chief Financial Officer of a landscaping company since October 1988. He is a Certified Public Accountant who was employed as an Audit Partner in two Dallas, Texas based CPA firms. Mr. Munselle is also a Director at two NYSE real estate investment companies. Mr. Munselle is determined to have all the credentials and qualifications to be an Independent Financial Expert and has been appointed as an Independent Financial Expert for the Audit Committee of the Board of Directors and has been appointed as Chairman of the Audit Committee.