West Texas Resources Inc. Announces Successful Gas Well Compliance Test, Plans to Restart Ten High-Value Condensate Wells

Reuters
2025/09/30
<a href="https://laohu8.com/S/WTXR">West Texas</a> Resources Inc. Announces Successful Gas Well Compliance Test, Plans to Restart Ten High-Value Condensate Wells

West Texas Resources Inc. (OTC: WTXR), a subsidiary of Texas Coastal Energy Corp., has announced the successful completion of a Railroad Commission compliance test on one of its natural gas wells, confirming readiness to resume production. The well demonstrated strong surface gas pressure of approximately 4,000 PSI, supporting plans for a near-term sales tie-in. Management estimates that each of at least ten similar gas-condensate wells in its inventory could generate around $2,000 per day in gross gas sales, translating to a potential $7.2 million in annualized gross revenue from the initial set, before royalties, taxes, and operating expenses. The wells also produce high-value, clear condensate with an API gravity near 60, enhancing the company's liquids profile. The initiative is part of a broader effort to bring legacy wells back online through targeted, low-cost compliance and workover activities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. West Texas Resources Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA86727) on September 30, 2025, and is solely responsible for the information contained therein.

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