OTCQB:DGWR - Post by User
Post by
ClaraJoneson Jun 23, 2011 7:22am
109 Views
Post# 18754467
Joint venture
Joint venture Cressent Energy is looking at a joint venture with an undisclosed company located in El Paso, Texas. And is looking to acquire 40 leases in Texas’s Gaines and Garza Counties with over 100 wells present on the property. Gaines and Garza are located near each other in Northwest Texas. Gaines County is one of the state’s leading oil counties. The management strongly pursues this opportunity as this acquisition would triple the assets of the Cressent Energy.