Our Holdings
Ashland Kentucky
The Company has leased 4 acres located in Ashland, Kentucky with a 5000 square foot building to house the materials and equipment for the mining industry.
Putnam Texas
The Parks Lease consists of 320 acres and is located approximatley five miles north of Putnam Texas, off I-20. The lease currently has 22 shallow wells. TX Holdings owns 100% working interest in the Parks lease. To date we have reactivated 13 wells, 11 producers and 2 injectors. The current production averages 60-90 barrels a month. We are in the middle of a workover and reactivation program to increase production. We anticipate 150-200 barrels per month within the next 12 months.
The zones are shallow zones, with depths less than 1,000 feet, including the following zones:
* (i) Frye, Tannehill, Saddle & Bluff Creek
* (ii) the Upper, Middle, and Lower Cook zones.
Additional Putnam Properties
TX Holdings owns 2 acres with 2400 Square feet of storage facilities on the property. The specific property is described as lots 1,2,3,4,5,6,7,8,9,10,11 and 12, block 28, located in the Town of Putnam, Texas in close proximity to the Parks Lease. The property is used for secure storage of the Company’s equipment used for maintenance and drilling.
Follow us on 