BNET Industries
Last Fiscal Year Sales:$93.9M
- Public
- US
Dow Jones Description
TXCO Resources, formerly The Exploration Company, is an independent oil and gas enterprise with interests in the Maverick Basin, the onshore Gulf Coast region and the Marfa Basin of Texas, and the Midcontinent region of western Oklahoma. It has a consistent record of long-term growth in its proved oil and gas reserves, leasehold acreage position, production and cash flow through its established exploration and development programs. TXCO?s business strategy is to build shareholder value by acquiring undeveloped mineral interests and internally developing a multi-year drilling inventory through the use of advanced technologies, such as 3-D seismic and horizontal drilling.
Number of Employees 105
Contact Information
777 East Sonterra Boulevard
Suite 350
San Antonio, Texas 78258
210-496-5300
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
News & Analysis
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TXCO Resources Reaches Settlement Agreement with Stockholder Third Point LLC
SAN ANTONIO & NEW YORK -- TXCO Resources Inc. (Nasdaq: TXCO) and Third Point LLC today announced that they have reached a settlement agreement in a lawsuit pending in the Delaware Court of Chancery and a related proxy contest in which Third Point sought to seat three directors on TXCO's...
TXCO Resources Issues Open Letter to Stockholders
SAN ANTONIO -- TXCO Resources Inc. (Nasdaq:TXCO) today mailed the following letter to all stockholders from James E. Sigmon, Chairman and CEO, in connection with the Company's 2008 Annual Meeting of Stockholders. Dear Fellow TXCO Stockholder: We will soon be sending you our proxy statement and annual report...
TXCO Resources Comments on Third Point LLC
SAN ANTONIO -- TXCO Resources Inc. (Nasdaq:TXCO) today commented on Third Point LLC and its various affiliates' desire to nominate three directors for election to the Company's Board of Directors at TXCO's 2008 Annual Meeting of Stockholders. "We have always maintained an open dialogue with all of our stockholders,"...
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