TXO (AIM: TXO), an East Texas based independent oil and gas exploration and production company announced today that oil production for the three months to 30 June 2010 was 5,368 barrels, up on the previous quarter (Q4: 5,196 barrels), but still lower than Q1 2009/10, which was 7,398 barrels. This is the third consecutive quarterly rise in production. At the end of the period the Company had 46 wells online, compared to 52 wells at the end of March 2010.
TXO (AIM: TXO), an East Texas based independent oil and gas exploration and production company announced today that oil production for the three months to 31 March 2010 was 5,195 barrels, slightly up on the previous quarter (Q3: 5,030 barrels), but still considerably lower than Q4 2008/09, which was 10,015 barrels.
TXO (AIM: TXO), a Texas based independent oil and gas exploration and production company announced today that oil production for the three months to 31 December 2009 was 5,030 barrels compared to 5,968 barrels for the preceding three month period to 30 September 2009.
TXO (AIM: TXO), an independent oil and gas exploration and production company announces its interim results for the six months ended 30 September 2009. The Company focuses on onshore oil wells in the East Texas Oilfield in the United Statesand uses modern working practices and technology (notably submersible pumps) to reopen inactive wells - previously shut down due to low oil prices - and brings them back into production. The Company owns interests in 85 leases with a total of 348 wells in the East Texas Oilfield.