Spindletop Oil & Gas Co.

Spindletop Oil & Gas Co.

Spindletop Oil & Gas Co. was founded in 1985 and is headquartered in Dallas, Texas. Spindletop Oil & Gas Co., an independent oil and gas company, engages in the exploration, development, and production of oil and natural gas in the United States. Spindletop Oil & Gas Co., through its subsidiaries, holds approximately 90,873 gross acres under lease in six states. Spindletop Oil & Gas Co. also engages in renting oilfield equipments, as well as in gathering and marketing of natural gas. In addition, Spindletop Oil & Gas Co. owns approximately 26.1 miles of pipelines located in Texas, which are used for gathering natural gas, as well as transporting natural gas produced by the company and third parties. As of December 31, 2008, its proved oil and gas reserves were 261,712 barrels of crude oil and condensate; and 13.76 billion cubic feet of natural gas. Spindletop Oil & Gas Co. sells its crude oil and natural gas to oil and gas companies, brokers, pipelines, and distributors.

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