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Gulftex Operating, Inc. News
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Gulftex Operating, Inc. announces,
Frenchtown #1 - H
cumulative gas sales are 204,408 million cubic feet of gas as of
October 21st, 2009. |
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Gulftex Operating, Inc. Has Completed Negotiations with Devon Energy Corporation for Additional Barnett Acreage
Dallas, Texas - February 24, 2009 - Gulftex Operating, Inc., announces that it has completed negotiations with Devon Energy Corporation. (NYSE:DVN) Oklahoma City, Oklahoma for additional acreage in the most prolific portion of the core area in the Barnett Shale. Talks were centered on Denton county tracts jointly held with Devon. Gulftex Operating, Inc. is actively drilling and operating wells in Denton County, the core area of the Barnett Shale in Texas. Most recently Gulftex Operating, Inc. has worked with Crusader Energy Group Inc. (Amex: KRU) Oklahoma City, Oklahoma and XTO Energy (NYSE:XTO) Fort Worth, Texas completing the McClendon #2-H. Negotiations with Devon follow a successful acquisition of acreage from The Williams Companies, also in the core area of the Barnett Shale. - READ MORE Gulftex Operating, Inc., Frenchtown #1-H Horizontal Well Nears Completion in Denton County, Texas Dallas, Texas - February 23, 2008 - Gulftex Operating, Inc., a joint venture partner and operator for XTO Energy (NYSE:XTO) Fort Worth, Texas announces the Frenchtown #1-H Horizontal Well located in the core area of the Barnett Shale in Denton County, Texas has successfully reached a total measured depth (TMD) of 12,506' and is nearing final completion. As the Gulftex drilling team entered the lower and upper Barnett Shale, they recorded numerous gas kicks of around 1800 units. - READ MORE Gulftex Operating, Inc. Has Completed Negotiations with The Williams Companies for Additional Barnett Acreage Dallas, Texas - February 19, 2009 - Gulftex Operating, Inc., announces that it has completed negotiations with The Williams Companies, Inc. (NYSE:WMB) Tulsa, Oklahomafor additional acreage in the most prolific core area of the Barnett Shale. Talks were centered on Denton county tracts jointly held with Williams. Gulftex Operating, Inc. is actively drilling and operating wells in the Barnett Shale core area of Denton County, Texas. Most recently Gulftex Operating, Inc. has worked with Crusader Energy Group Inc. (Amex: KRU) Oklahoma City, Oklahoma and XTO Energy (NYSE:XTO) Fort Worth, Texas completing the McClendon #2-H. - READ MORE Patrick E. Lee Joins Gulftex Operating, Inc. and TBX Resources, Inc. February 18, 2009 - Dallas, Texas - Gulftex Operating, Inc. announces, Patrick E. Lee has joined Gulftex Operating, Inc. as Senior Acquisitions and New Business Manager. Patrick E. Lee will also serve as adviser to TBX Resources, Inc. - READ MORE Paul H. Cheong Joins Gulftex Operating, Inc. and TBX Resources, Inc. February 18, 2009 - Dallas, Texas - Gulftex Operating, Inc. announces, Paul H. Cheong has joined Gulftex Operating, Inc. as Senior Reservoir Engineer and Exploration Manager. Paul H. Cheong will also serve as an adviser to TBX Resources, Inc. - READ MORE Gulftex Operating, Inc. Announces Completion of the McClendon #2-H February 5, 2009 - Dallas, Texas - Gulftex Operating, Inc., the contract operator and driller for Crusader Energy Group Inc. (Amex: KRU) out of Oklahoma City, Oklahoma and XTO Energy (NYSE:XTO) out of Fort Worth, Texas, announced the successful completion of McClendon #2-H in the core area of the Barnett Shale, in Denton County, Texas. According to Tim Burroughs, President of Gulftex Operating, Inc., "The McClendon #2-H achieved an initial meter reading of over 5,000 mcf per day." The well was completed to 10,625' total measured depth (TMD) including approximately 2,200' horizontal in the Barnett Shale formation. The McClendon #2-H is the most recent of 19 wells participated in by Gulftex Operating, Inc. in the core area of the Fort Worth Basin. - READ MORE |
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 Contact Information 3030 LBJ Freeway - Suite 1320, LB 47 Dallas, Texas 75234 Telephone (972) 243-2613 | Fax (972) 243-2066 E-Mail: info@gulftexoperating.com © 2005, Gulftex Operating All rights reserved  Design by Fossil Design |
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