Replies to post #26410 on Golden Triangle Ventures Inc (GTVH)

[$A-Train]

I think the games have begun, I wonder how much any of these sellers have looked into Gougers experience developing companies such as BNPD...although normally private ones. :)

Mr. Gouger purchased 6 of his own wells in 1985 and started Gouger Oil Company. In 1995 Mr. Gouger started Tejones Operating Corp. and purchased 125 wells in Howard, Glasscock, and Crockett Counties, Texas. He sold all of these except for the 25 wells in Crockett County in 2004. Mr. Gouger and his son, Tom M. Gouger IV also established Oilfield Cementing Company in 2001 with the main focus of plugging orphan wells for the Railroad Commission of Texas and Independent Operators. From 2004 to 2007 they plugged more than 500 wells with depths ranging from 400 to 8,000 feet. They closed down the company in 2007 and refocused efforts on the purchasing of production and the generation and selling of oil and gas prospects in south Texas.

Mr. Gouger has currently obtained a number of prospects in South Texas that are ready to drill, or are in the process of obtaining leases on their land. Mr. Hal Basham, a geologist, joined the company in 2008 to assist Mr. Gouger with the selling and geological review of prospects so that Mr. Gouger has more time to handle daily operations of the company.

Mr. Gouger stated, "As a third generation Independent Oil and Gas Producer/Operator, I am pleased to announce the formation of my new public company, Texas Oil and Minerals, Inc. This new company will be an extension of my thirty five years experience in lease acquisition, exploration, purchasing and marketing of Oil and Gas prospects in Texas, Oklahoma and Kansas. I look forward to sharing good fortune with you all."