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Texas Energy, Inc. Builds Staff and Infrastructure - Defines Strategy and Schedule for Workover of Catlin Oil and Gas Field - Resumes Production and Sale.

Publication: Business Wire
Publication Date: 09-MAY-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
GRAHAM, Texas -- Universal Property Development and Acquisition Corporation (OTCBB:UPDA) subsidiary, Texas Energy, Inc., has commenced its efforts to renovate and improve the more than 30 leases covering approximately 2700 acres it now controls in Jack County, Texas.

The property, known as the Catlin Oil and Gas Field, contains 64 wells, a pipeline and a gathering system that are being returned to production as a result of their acquisition by Texas Energy.

Texas Energy is in the process of building its infrastructure and management team...

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