Texas Coastal Energy Corp Assumes Control of West Texas Resources, Inc.

Texas Coastal Energy Corp announced the formal change of control and operational stewardship of West Texas Resources, Inc., effective September 16, 2025.

The transaction established the leadership and operating platform behind the company's current strategy: revitalizing legacy Texas oil and gas fields through modern recovery technologies, regulatory compliance, and disciplined growth.

Under the new stewardship, West Texas Resources has focused on restoring its public-company standing, assembling its reactivation portfolio, and positioning the business for long-term asset value creation.

Official release

Read the full announcement at EIN Presswire, the official source of record.

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Operations

October 1, 2025PR Newswire

West Texas Resources Outlines Reactivation Plan for 59 Wells Following Successful Well Test

Following a successful well test, WTXR detailed Phase One of its reactivation strategy: 59 shut-in legacy wells across South and Southeast Texas, most requiring only basic compliance work, with a near-term cash-flow base targeted at $7–8 million in annualized gross revenue.

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Press Release

September 30, 2025PR Newswire

West Texas Resources Reports Successful Compliance Test; Highlights High-Value Condensate

A Texas Railroad Commission compliance test on one of WTXR's natural gas wells confirmed approximately 4,000 PSI at the wellhead and a high-value ~60 API condensate stream, with at least ten similar gas-condensate wells in inventory requiring only compliance work before restart.

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