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Thursday, November 12, 2015 10:06:37 AM
VERY IMPORTANT..
WTXR has Mineral Rights in Montana and North Dakota..
As many of you board members know, The NE section of Montana and NW section of North Dakota is where the largest Lodge Pool Reserves of BAKEN OIL SHALE on planet Earth are located. For Last 10 years, this is where the Big-Boy's of AMERICAN Drillers like EOG, CONTINENTAL, MARATHON, and EXXON have been going nuts using the controversial Fracking method of oil and gas extraction.. The Deeper more expensive access reserves are in what's called the "Three Forks" Lodge Pool which geographically extends all the way down into South Dakota.. This Lodge Pool is MASSIVE.. We're talking hundreds of millions of barrels, with some estimates nearing a Trillion Barrels.. At the moment, only the biggest corporate players have been allowed to enter.. The only thing standing in the way of smaller oil companies like WTXR is an unfriendly administration, EPA, and Department of Interior.. If GOP hopefuls like Donald Trump, or Ted Cruz gets in, then this all changes and it's "off to the races"..
WELLS BY LOCATION:
West Texas Resources, Inc. acquires, explores, develops, and produces oil and gas properties in North America. The company holds a 4.0506% working interest in the oil and gas leases, wells, and attendant production in the Port Hudson field, Baton Rouge Parish, Louisiana; and a 10.0167% working interest in the West Cameron 225, an offshore oil and gas field located in the shallow waters of the Gulf of Mexico near Cameron, Louisiana. It also holds 50% working interests in non-operating leases covering approximately 1,070 gross mineral acre leases in the Wolfcamp field located in Hale County, Texas; a 15% interest in a non-operating oil and gas prospect located in Landry Parish, Louisiana
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