Follow on Google News News By Tag * Texas Energy Group * Oil And Gas Investments * Us Oil Investments * Oil And Gas Investment Opportunity * Oil Industry Invest * More Tags... Industry News News By Location Country(s) Industry News
Follow on Google News | Shorthorn #1- Currently Producing AGAIN!Shorthorn #1, a gas well located in Goliad County, Texas is currently producing at a rate equal to its original daily rate back in January 2006.
By: A Escalera (TEG) Texas Energy Group, LLC continues to be dedicated to the constant management of their partners investments, always optimizing cash flow and keeping expenses as low as possible. For further details about information released in this article please contact Texas Energy Group, LLC directly by calling their Investor Relations Department at (877) 893-6749. About Texas Energy Group, LLC Texas Energy Group, LLC (TEG) is committed to creating a vehicle where individual investors can become long term partners who, over a period of time, develop a portfolio of oil and gas properties that generate monthly cash flow and substantial tax write offs. TEG offers its qualified participants, direct undivided working interest positions into new oil and gas well drilling ventures. Through direct participation programs in oil and gas, investors actually own a portion of the well and receive a share of the cash flow it generates via monthly disbursements. TEG acts as the managing entity over the entire process. They begin with their geologists identifying a prospective anomaly by utilizing 3D Seismic technology, they then acquire the mineral leases over the prospect site, work to obtain funding, then begin to operate and drill the well, complete the well, and as a licensed operator Resaca Resources (TEG’s operating arm) is also able to handle the day to day operations and sale of produced gas and oil. Resaca Resources is then responsible for sending out monthly revenue checks to their partners as well as preparing and sending out daily drilling reports, permits, maps and related geology, production, revenue, and expense statements. This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In particular when used in the preceding discussion, the words "believes", "expects", "intends", "will", "anticipated" # # # Texas Energy Group (TEG) is an Austin, TX based Oil & Gas Exploration and Investment Company specializing in multi-well, low risk developmental drilling projects. For Oil & Gas Investment information go to www.TexasEnergyGroup.com or call (877) 893-6749. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|