InvestorsHub Logo

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating
profile icon
mangalassery Free
06/06/14 2:47 PM
profile icon
Abag Free
06/06/14 1:50 PM
profile icon
Abag Free
06/06/14 1:34 PM
profile icon
Abag Free
06/06/14 1:20 PM
profile icon
MaxPow Free
06/06/14 1:12 PM
profile icon
Abag Free
06/06/14 1:10 PM
profile icon
MaxPow Free
06/06/14 12:59 PM
profile icon
Kooma Free
01/17/14 10:28 AM
profile icon
retiredAT20 Free
01/08/14 6:34 PM
profile icon
retiredAT20 Free
12/12/13 12:21 PM
profile icon
retiredAT20 Free
12/12/13 12:12 PM
profile icon
starbuxsux Free
12/12/13 4:02 AM
profile icon
monda2frida Free
12/11/13 7:13 PM
profile icon
monda2frida Free
12/11/13 3:34 PM
profile icon
retiredAT20 Free
09/09/13 2:34 PM
profile icon
Kooma Free
08/16/13 9:55 PM
profile icon
Kooma Free
08/13/13 4:43 PM
profile icon
myyear2011 Free
10/10/12 7:10 PM
profile icon
myyear2011 Free
10/10/12 7:09 PM
profile icon
starbuxsux Free
09/21/12 11:57 AM
profile icon
SuperC Free
09/19/12 6:11 AM
profile icon
starbuxsux Free
09/19/12 12:36 AM
profile icon
SuperC Free
09/18/12 2:29 PM
profile icon
radical_trader Free
07/02/12 12:52 PM
profile icon
starbuxsux Free
07/01/12 11:58 PM
profile icon
radical_trader Free
07/01/12 12:56 PM
profile icon
AntiMarketMaker Free
06/23/12 1:27 PM
profile icon
Mike418 Free
06/21/12 5:14 PM
profile icon
Mike418 Free
05/30/12 7:16 PM
profile icon
starbuxsux Free
05/30/12 5:21 PM
profile icon
Mike418 Free
05/28/12 8:21 AM
profile icon
Mike418 Free
05/24/12 7:01 PM
profile icon
myyear2011 Free
04/29/12 10:54 PM
profile icon
starbuxsux Free
04/05/12 9:24 PM
profile icon
Kooma Free
04/05/12 2:15 PM
profile icon
starbuxsux Free
03/22/12 3:28 PM
profile icon
starbuxsux Free
03/18/12 10:09 AM
profile icon
stefaru Free
03/15/12 9:26 AM
profile icon
myyear2011 Free
03/14/12 9:36 PM

Topaz Resources Inc. (TOPZ) RSS Feed

Followers
31
Posters
116
Posts (Today)
0
Posts (Total)
835
Created
04/15/10
Type
Free
Moderators

Topaz Resources, Inc. (OTCBB: TOPZ) is an independent oil and gas company focusing on production, acquisitions and developmental drilling opportunities within proven producing areas of north, central and west Texas.

Our objectives are to increase shareholder value, to enhance cash flows and to grow our proven reserve values by building on our strengths and by pursuing a balanced strategy of:

  • Remaining focused in our area of operation within north, central and west Texas where our management team has a competitive advantage;
  • Driving growth through internally generated projects;
  • Exploiting and drilling our existing core properties to maximize reserve growth;
  • Strategic reserve and leasehold acquisitions to supplement cashflow and to complement our drill-bit growth strategy;
  • Achieving operational control of our properties in order to manage our costs and development schedules; and
  • Maintaining a conservative financial position to preserve our financial flexibility.

We believe our experienced management team represents a strength and advantage necessary to execute our strategy. Having successfully done so in the past, our team understands what it takes to build a resource company from the ground up.

Our immediate capital program includes aggressively drilling on our Barnett Shale acreage and the consolidation, acquisition and enhancement of targeted properties.

 

Topaz Area of Operation

Topaz has access to an extensive portfolio of producing and to-be-developed natural gas properties/projects throughout north-central-west Texas. Primary productive formations include the Strawn Sand at 5,000 ft, the Caddo Limestone at 6,000 ft., the Conglomerate at 6,500 ft ("Conglomerate"). Fractured sections of the Marble Falls at 7,000 ft and the Forestburg Limestone at 7,600 ft. can also be highly productive. For decades until the 1980's, the drilling and production focus had been for these prolific, profitable but shallower reservoirs that occur throughout Topaz's area of interest. Each well has potentially 15 to 20 productive pay zones which can provide significant behind pipe reserves thereby increasing the life span and profitability of each well. In recent years technological advances have shifted the focus to the Barnett Shale at 8,500 ft. ("Barnett").

--------------------------
   
Volume:
Day Range:
Last Trade Time:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
TOPZ Latest News
  • No Recent News Available for this company!
New Post