TXO Resources is focused on developing and acquiring assets with mitigated risk that have the ability to generate returns that target over 30.00% annually.
These include producing oil and gas assets, mineral rights, saltwater disposal facilities, oil supply and services, as well as technology patents.
The Company plans to acquire and develop a broad base of oil, gas, and saltwater disposal well properties primarily across the southern market of North America.
The Company is about to sign a joint-venture agreement to pursue the development of various salt water disposal wells, the first being in Louisiana; this represents approx. $4M of additional investment capital with expected yields or returns above the 30% benchmark.