Spicewood, TX, December 06, 2012 --(PR.com
)-- Texas Energy Group, LLC (TEG) and its affiliate operating company, Resaca Resources, LLC (Resaca) have again been able to work with numerous partners and assist in evaluating 3D data in a known prolific area.
“Resaca has proposed six new prospects to the partners involved and expects to start leasing operations in the next few weeks,” stated Waylan Johnson, President of Texas Energy Group, LLC. He further stated, “TEG & Resaca expect to be drilling in this un-named area by the second quarter of 2013.”
Mr. Johnson also commented on the current drilling trends by stating, “Although the shale and resource plays continue to make the news, TEG is very active in all phases of the oil and gas business, which can be seen through our drilling of conventional wells in older fields. We have carved out a new niche in an old business.”
TEG and Resaca have made their operating area well known in the Upper Gulf Coast of Texas over the last several years.
For further information regarding topics discussed in this article please contact Texas Energy Group, LLC directly via their Investor Relations Department; (877) 893-6749 or visit them on the web at www.TexasEnergyGroup.com where you can sign up for the TEG (corporate) mailing list and receive up to date information on general TEG activities, including all TEG press releases.
Emails may be directed to Info@TexasEnergyGroup.com
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