West Texas Resources acquires nine producing Texas oil and gas wells, targets $775,000 monthly gross revenue

WEST TEXAS RESOURCES INC

WEST TEXAS RESOURCES INC

WTXR

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  • West Texas Resources acquired nine producing Texas oil and gas wells: eight in Jackson County, one gas well in Fort Bend County.
  • Engineering estimates: Jackson County output about 300 bbl/day of oil, 1,500 MCF/day of gas; Fort Bend well about 300 MCF/day.
  • At $70/bbl oil, $3.20/MCF gas, management estimates gross revenue of about USD 775,000 per month.
  • Company expects to invest about USD 1.5 million in hook-ups, facility upgrades, minor repairs; targets payback in about two months.
  • Operations to run through wholly owned subsidiary Texas Coastal Energy, which plans further optimization work.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. West Texas Resources Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607141220ACCESSWRNAPR_____1190921) on July 14, 2026, and is solely responsible for the information contained therein.

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