TXO plc

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AIM Rule 26

TXO logo

 

photo of drilling rig

Above: Drilling Rig

Welcome

 

TXO plc is an oil and gas exploration and production company focusing on onshore oil wells in the East Texas Oilfield in the United States.

 

The company uses modern technology to reopen inactive wells, previously shut in due to low oil price, and bring them back into production.

 

As at 31 March 2005 reserves are estimated to be 10.4million barrels of oil.

 

Following acquisitions in 2004 and 2005, the company now holds interests in 348 wells in the East Texas Oilfield.

 

The company has offices in London and Longview, Texas.

 

 

 

AIM Securities Information

 

        AIM Securities in Issue:  93,469,292

TXO plc does not hold any Ordinary Shares in Treasury

 

        AIM Securities percentage not in public hands:  28,634,000

 

        Significant Shareholders:

 

M-C Production & Drilling Co., Inc.

18,584,000 Shares

Hayden Scott Stiles

10,050,000 Shares

Sunvest Corporation Limited

8,000,000 Shares

Alliance AG

4,365,000 Shares

 

        AIM Securities Restrictions:  There are no restrictions on the transfer of TXO plc's AIM Securities

 

 

 

 

 

 

map of USA highlighting Texas and linking to East Texas Oilfield page

TXO's shares are traded on the Alternative Investment Market – – of the London Stock Exchange under the ticker TXO.

Click here to check production data on TXO’s wells

 

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