Texas American Resources Co.

Transaction Type
Marketers
Post Date
Estimated Price
MM
Description

Texas American Resources has retained Randall & Dewey Inc. to sell a portion of its Texas Gulf Coast holdings. The package includes assets Goose Creek Field, Harris County; Cleveland Field, Liberty County; and Saratoga Field, Hardin County. The assets involve approximately 85 producing wells. The properties feature an approximately 95% working interest and net production of 700 barrels of oil equivalent per day. Proved reserves are estimated at more than 5 million barrels of oil equivalent. For more information, contact David Bole or Bill Marko, 281-774-2000.