February 10, 2023 - PLANO, TX - MoneyShow Newswire - Texakoma Resources LLC today announced that it has confirmed to present at the MoneyShow — Accredited Investors Symposium, February 19-21, 2023 in Brooklyn, NY.
Texakoma believes that the fossil fuels exploration and production industry is in the early innings of a bull market. With a strong corporate fundamental backdrop in place, Texakoma is positioned to take advantage of current market opportunities in the private energy sector.
Texakoma’s business directives for 2023 focus on increasing its acreage position throughout Texas and Oklahoma. Asset allocation targets will include the acquisition of existing production, undeveloped acreage, and non-operated properties. With a highly skilled geological and engineering staff, decades of experience, strong oilfield relationships, and a strategic focus on directly sourcing potential opportunities, Texakoma has a market advantage over other exploration and production companies.
The time is now to capitalize on what direct domestic energy opportunities offer. In a tight supply market where crude oil or natural gas production cannot keep up with global demands, prices will likely increase. JPMorgan has revised its 2023 oil forecast down to $90 per barrel, which is still higher than recent prices of $80 to $85 per barrel. JPMorgan CEO Jamie Dimon calls for more investment in oil and gas, saying, "We aren't getting this one right. The world needs 100 million barrels effectively of oil and gas every day. And we need it for 10 years". (Source: Foxbusiness.com, September 21, 2022)
Texakoma offers its partners the opportunity to directly participate in drilling programs as working interest owners who can take advantage of the unique tax benefits and the potential for short and long-term returns that oil and gas projects offer.
About Texakoma Resources, LLC
Based in the Dallas-Fort Worth Metroplex, Texakoma is an independent oil and gas exploration and production company founded in 1982. Over the last 40 years, Texakoma has operated, built, and sold oil and gas assets and drilled hundreds of vertical and horizontal wells in numerous basins across 8 states. Today, Texakoma staffs over 20 investment, executive, and technical professionals, many of whom have worked at Texakoma for decades.
For more information:
EVP, Finance & Business Development
Tekakoma Resources, LLC
972-212-8031 | firstname.lastname@example.org