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Texas International Resources Plans to Drill 6 to 8 Wells in 2015, After Recent Announcement of Oil Rebound

Dallas, TX, United States; 05, February 2015: According to Abdalla El-Badri, OPEC’s (Organization of Petroleum Exporting Countries) Secretary-General; “The Oil prices will rebound rather than extend their decline to as low as $20 a barrel because a collapse since June isn’t merited by global supply and demand.” However, despite the recent decline in oil prices, this recent news came as a relief for Texas International Resources which is planning to drill 6 to 8 wells by 2015 itself. Robert Minor, President of Texas International Resources believes that 2015 will be the best year ever for the company. At present, due to the decline in prices, Texas International Resources is poised to capitalize on lower operating costs.

Texas International Resources with its new project“R.L. Minor Prospect”is planning to execute a major expansion in the heart of the Eagle Ford Shale, Buda Formation, and Austin Chalk – San Antonio. Robert Minor has selected Jimmy Villarreal,a native of San Antonio as the Director of Operations to lead the San Antonio team. Jimmy’s ten man team will be led by Senior Vice President, Greg Blake and Executive Vice President, Steve Carter Jr. The 5500 square foot office is strategically located near the San Antonio airport and close to the newest project, the R.L. Minor Prospect. The R.L. Minor is located in La Salle County, the second highest oil producing county in Texas and is named after Robert Minor’s father.

For more information, simply visit: http://www.txinternationalresources.com/

About Texas International Resources:

Texas International Resources is Dallas leading oil and natural company that specializes in enhancing and reentering already existing wells, developmental drilling and producing leases throughout United States. With more than seven decades of in-house experience, Texas International strives to combine already-proven producing wells, new developmental wells, and highly predictable reworks to offer our clients diversity and the best opportunities to maximize returns and minimize risk.

San Antonio Office
40 NE Loop 410, Suite 525
San Antonio, TX 78216
O: 210-858-4800
C: 310-650-6163
Email: Jvillarreal@txinternationalresources.com

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