BNP Petroleum Acquires Three Properties in North Texas

BNP Petroleum has completed the acquisition of three leases in North Texas. Each of the properties has a history of production and has existing well bores available for reentry and numerous other wells that were previously abandoned and plugged by medium and large size oil and gas companies. These properties are the beginning of BNP Petroleum's acquisition and rework strategy. Over the coming months, BNP Petroleum will focus on refitting the properties and putting wells on line to create income.

Kimberly Tiemersma, BNP President said, "These initial acquisitions begin to build our natural energy reserve base. We will continue to acquire properties and bring our wells on line throughout 2005 in order to establish and increase our revenue."

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Technical Coordinator
Expertise: Client Representative|Process Management|Technical Writing
Location: Houston, TX
Executive Assistant
Expertise: Executive|Secretarial or Administrative
Location: United States
Regional Manager - Saybolt
Expertise: Executive|Operations Management
Location: Linden, NJ
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours