KATY, Texas--(BUSINESS WIRE)-- Explortex Energy, Inc. (Pink Sheets:EXPX.pk - News) is pleased to announce that it has filed on Form 8K with the SEC, Exhibit C of the contract between Explortex Energy, Inc., Blackriver Petroleum, LLC and Ameroil Corp. The exhibit provides location data and well numbers to 62 wells on 4,725.61 acres commonly referred to as the Greenwood-Waskom Mooringsport Unit, Caddo Parish, in the State of Louisiana.
The Mooringsport Sands are part of the prolific Glen Rose formation.
About Explortex Energy, Inc.
Explortex Energy, Inc., based in Katy, TX, is an independent oil and gas exploration company with North American operations. Explortex practices a sensible and intelligent approach to oil and gas exploration which helps ensure a closely monitored cash-flow while providing direct, singular access to a roster of qualified engineers, drilling and development specialists, geologists and geophysicists. Explortex is a company that is poised to take advantage of the current market pricing of oil which has created new opportunities to bring online, proven undeveloped reserves, with very little downside risk to the company. The company's primary operating philosophy is to develop low risk, high yield, under-developed oil reserves utilizing the most current technology available. Explortex’s securities may be purchased through any licensed broker or financial institution.
Safe Harbor:
Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.
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