Matrixx Closes Sale Of Live Oak County, TX, Prospect

Transaction Type
Sellers
Announce Date
Post Date
Close Date
Estimated Price
$0.2MM
Description

Closed acquisition of Sanger Heirs prospect in Live Oak County, TX.

Matrixx Resource Holdings Inc., Houston, (Pink Sheets: MXXH) has closed its acquisition of a 25% interest in the Sanger Heirs prospect in Live Oak County, Texas, from an undisclosed seller for $200,000.

Testing of the upper Wilcox series of sands was expected to begin soon after closing.