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Woodbine Sands | Aresco
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menu-item-type-post_type menu-item-object-page ss-nav-menu-item-7 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/contact-us/"><span class="wpmega-link-title">Contact</span></a></li></ul></div></div><!-- end topNav --> <div class="sidebarYellow"> </div><!-- end yellow --> <div class="sidebarWhite"> <div class="text"> <div id="content"> <!-- Start the Loop. --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/arescos-1st-horizontal-well-targeting-woodbine-sand/">Aresco’s 1st Horizontal Well Targeting Woodbine Sand</a></h1> <p style="font-size:11px;margin-top:-20px;">Thursday, April 2nd, 2015 and is filed under <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p><strong><a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/wp-content/uploads/lipscomb-county-mobil-atlas-rig.jpg" data-rel="lightbox-0"><img class="alignleft size-medium wp-image-6083" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150629110418im_/http://www.arescotx.com/wp-content/uploads/lipscomb-county-mobil-atlas-rig-300x225.jpg" alt="Horizontal Drilling Rig" width="300" height="225"/></a>Aresco LP acquires non-operated working interest position in 640-acre prospect in Leon County in the East Texas Basin; drilling on the first horizontal well targeting the Woodbine Sand due to commence early summer 2015</strong></p> <p>Aresco LP, a privately held Dallas-based exploration and production company, announced today the purchase of a significant working interest position in the Leona East Prospect in Leon County, Texas. The prospect acreage is approximately 640 contiguous acres, of which 480 acres is available for horizontal development. The first horizontal well, the Edwards Unit 1H, is targeted to commence drilling early summer 2015. <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/arescos-1st-horizontal-well-targeting-woodbine-sand/#more-6073" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/aresco-lp-purchases-position-in-halcon-wells-in-southeast-texas-brazos-basin/">Aresco LP purchases position in Halcón wells in Southeast Texas’ Brazos Basin</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, May 19th, 2014 and is filed under <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p><a title="Brazos Basin Oil Wells" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/aresco-lp-purchases-position-in-halcon-wells-in-southeast-texas-brazos-basin/brazos-basin-oil-wells/" target="_blank" rel="attachment wp-att-3853"><img class="alignleft size-full wp-image-3853" style="border: 0px none; margin: 5px 10px;" alt="Brazos Basin Oil Wells" src="https://web.archive.org/web/20150629110418im_/http://www.arescotx.com/wp-content/uploads/brazos-basin-oil-wells.jpg" width="200" height="266"/></a>(Dallas, Texas) –– Aresco LP, a privately held Dallas-based exploration and production company, announced today the purchase of non-operated working interest positions in three producing wells located in Tyler and Madison Counties, Texas. The <a title="Brazos Basin" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/brazos-basin/">Brazos Basin</a> wells are operated by Halcón Resources and are currently producing a combined ~227 gross barrels of oil per day per 90-day trailing average.</p> <p>“Our strategy of using our operational expertise to select and partner with experienced operators has proven effective in building a solid asset base,” said <a title="Brandon Laxton" href="https://web.archive.org/web/20150629110418/http://www.linkedin.com/pub/brandon-laxton/37/b5/a96" target="_blank">Brandon Laxton</a>, President and CEO of Aresco LP. “Since applying this methodology, Aresco has grown to include assets in five counties across Texas and into New Mexico. These assets not only provide revenue today, they set the stage for additional development opportunities for decades to come.” <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/aresco-lp-purchases-position-in-halcon-wells-in-southeast-texas-brazos-basin/#more-3851" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> </div><!-- end content --> <div id="sidebar"> <div id="flags" class="size"><ul id="sortable" class="ui-sortable" style="float:left"><li id="English"><a title="English" class="notranslate flag en"></a></li></ul></div><div id="google_language_translator"></div> <p class="titles">Recent News</p> <ul> <li> <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/aresco-acquires-oil-interest-in-cherokee-platform-in-oklahoma/">Aresco acquires oil interest in Cherokee Platform in Oklahoma</a> </li> <li> <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/investing-in-energy-with-an-ira-live-webinar/">Investing in Energy with an IRA Live Webinar</a> </li> <li> <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/staging-the-next-boom-shale-2-0/">Staging the Next Boom: Shale 2.0</a> </li> <li> <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/aresco-supporting-prosper-police-on-substance-abuse-awareness/">Aresco Supporting Prosper Police on Substance Abuse Awareness</a> </li> <li> <a href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/help-us-in-the-fight-against-hunger/">Help Us in the Fight Against Hunger</a> </li> </ul> <style scoped type="text/css">.utcw-b1fq2ep {word-wrap:break-word}.utcw-b1fq2ep span,.utcw-b1fq2ep a{border-width:0px}.utcw-b1fq2ep span:hover,.utcw-b1fq2ep a:hover{border-width:0px}</style><p class="titles">Tag Cloud</p><div class="utcw-b1fq2ep tagcloud"><a class="tag-link-54 utcw-tag utcw-tag-anadarko-basin" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/anadarko-basin/" style="font-size:10.7692307692px" title="2 topics">Anadarko Basin</a> <a class="tag-link-65 utcw-tag utcw-tag-aresco-lp" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/aresco-lp/" style="font-size:11.5384615385px" title="3 topics">Aresco LP</a> <a class="tag-link-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/bakken-shale/" style="font-size:13.8461538462px" title="6 topics">Bakken Shale</a> <a class="tag-link-35 utcw-tag utcw-tag-barnett-shale" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/barnett-shale/" style="font-size:11.5384615385px" title="3 topics">Barnett Shale</a> <a class="tag-link-68 utcw-tag utcw-tag-bradley-winton" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/bradley-winton/" style="font-size:12.3076923077px" title="4 topics">Bradley Winton</a> <a class="tag-link-20 utcw-tag utcw-tag-brandon-laxton" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/brandon-laxton/" style="font-size:13.0769230769px" title="5 topics">Brandon Laxton</a> <a class="tag-link-46 utcw-tag utcw-tag-brazos-basin" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/brazos-basin/" style="font-size:10.7692307692px" title="2 topics">Brazos Basin</a> <a class="tag-link-61 utcw-tag utcw-tag-canyon-sandstone" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/canyon-sandstone/" style="font-size:10.7692307692px" title="2 topics">Canyon Sandstone</a> <a class="tag-link-74 utcw-tag utcw-tag-charity" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/charity/" style="font-size:13.0769230769px" title="5 topics">Charity</a> <a class="tag-link-72 utcw-tag utcw-tag-corsicana-oil-field" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/corsicana-oil-field/" style="font-size:10px" title="1 topic">Corsicana Oil Field</a> <a class="tag-link-70 utcw-tag utcw-tag-crude-oil-export-ban" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/crude-oil-export-ban/" style="font-size:10.7692307692px" title="2 topics">Crude Oil Export Ban</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/crude-oil-prices/" style="font-size:13.8461538462px" title="6 topics">Crude Oil Prices</a> <a class="tag-link-39 utcw-tag utcw-tag-domestic-oil-production" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/domestic-oil-production/" style="font-size:13.0769230769px" title="5 topics">Domestic Oil Production</a> <a class="tag-link-5 utcw-tag utcw-tag-drilling-technology" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/drilling-technology/" style="font-size:17.6923076923px" title="11 topics">Drilling Technology</a> <a class="tag-link-10 utcw-tag utcw-tag-eagle-ford-shale" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:26.1538461538px" title="22 topics">Eagle Ford Shale</a> <a class="tag-link-33 utcw-tag utcw-tag-eagle-ford-shale-production" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:12.3076923077px" title="4 topics">Eagle Ford Shale Production</a> <a class="tag-link-16 utcw-tag utcw-tag-energy-information-administration-eia" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:15.3846153846px" title="8 topics">Energy Information Administration (EIA)</a> <a class="tag-link-36 utcw-tag utcw-tag-energy-production" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/energy-production/" style="font-size:10.7692307692px" title="2 topics">Energy Production</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/fracking/" style="font-size:13.0769230769px" title="5 topics">Fracking</a> <a class="tag-link-30 utcw-tag utcw-tag-gas-prices" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/gas-prices/" style="font-size:10.7692307692px" title="2 topics">Gas Prices</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20150629110418/http://www.arescotx.com/tag/horizontal-drilling/" style="font-size:16.9230769231px" title="10 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" 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