Corporate Profile for TBX Resources, dated Nov. 10.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Nov. 10, 2000
Company Name: TBX Resources, Inc.
Address: 12300 Ford Road, Suite 194
Dallas, TX 75234
Main Telephone
Number: 972/243-2610
Internet Home
Page Address
(URL) TBXResources.com
Chief Executive
Officer: Tim Burroughs
Industry: Oil and Gas
Trading Symbol/
Exchange: TBXR/OTC
Company description: TBX TBX Textbox TBX T-Box (gene) TBX Term Base eXchange TBX Team-Building Exercise TBX Tactical Ballistic Missile Experiment TBX The Best Mix TBX Thin Line Array TBX Tactical Ballistic Experimental TBX Telebox Resources, Inc. is an independent energy company engaged in the acquisition, production and development of proven domestic reserves. TBX Resources was formed in November of 1994 by its founder, Tim Burroughs. Since that first day, TBX Resources has been aggressively moving to position itself as the premier producer of crude oil and natural gas in the South Central United States The South Central United States, South Central states, or Midsouth is a region of the United States located in the south central part of the country. It evolved out of the archaic southwest, which originally was literally the western U.S. South. . The recent listing of TBX Resources as a public corporation, the rejuvenation Rejuvenation Aeson in extreme old age, restored to youth by Medea. [Rom. Myth.: LLEI, I: 322] apples of perpetual youth by tasting the golden apples kept by Idhunn, the gods preserved their youth. [Scand. Myth. of crude oil prices, and the alliances now being forged, will all contribute greatly to the realization of our goal. Through dynamic and innovative contractual agreements with several other industry partners, have assembled a development plan that takes advantage of over 83,000 acres of prime increased density locations. This of course enables TBX Resources and its joint-venture partners the highest success rate possible in the development of massive natural gas reserves. Some of our industry partners are Getty Natural Gas Corporation, Pax Energy and The Merlin Corporation all privately held energy companies based in Oklahoma City Major Companies based in Oklahoma City
Our Mission TBX Resources' mission is to develop natural gas reserves through new exploration efforts. Our main areas of operations are located in Western Oklahoma Western Oklahoma can usually be defined as all territory west of Interstate 35, and west of Oklahoma City. It is usually broken up into two primary regions: Northwestern Oklahoma and Southwestern Oklahoma. and the Texas Panhandle in the Anadarko Basin The Anadarko Basin is one of the most prolific natural gas reserves in North America, with ultimate gas production in excess of 100 trillion cubic feet of gas.[1] External links
References 1. . Since its corporation in 1994, the company's growth has been achieved through the acquisition of properties which are underdeveloped un·der·de·vel·oped adj. Not adequately or normally developed; immature. and are in areas where the company believes substantial reserve additions can be made through developmental drilling activities, improved production practices and enhanced recovery techniques. The company is continually engaged in the evaluation and pursuit of additional properties for acquisition which have low operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. and the potential for future development. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion