Boot-Scootin': Ness Reincorporates in Texas, Ups Texas Interest
Ness Energy International announced it has reincorporated in the State of Texas and is now a Texas Corporation.
Alan Stricklin, President and CEO, stated, "This transfer of the company from Washington State to a corporation in the State of Texas permits us to work more easily with several potential lenders and industry partners in projects that are being contemplated."
Stricklin further stated, "The company has acquired a 50% working interest in two producing gas wells in Parker County, Texas, which is 30 miles west of Fort Worth. These wells will need further rework and are expected to increase their production significantly within the next few months. The Rogers lease continues to produce while rework is currently underway on two additional wells on this lease."
These new leases and wells are in line with our plan to add additional revenue sources to the company. We are continuing to evaluate multiple prospects and plan to acquire additional properties and have them on line in the near future."
- Boot-Scootin': Ness Reincorporates in Texas, Ups Texas Interest (Mar 05)
- Ness Energy Makes First Oil and Gas Lease Purchase (Jan 24)
- Isramco Acquires Working Interests in Barnett Shale Play (Nov 02)