TGO Permian LLC Estimates 1.5 Million Barrels From Permian Basin 15 Prospect
Oil and Gas drilling company TGO Permian, LLC commences drilling of TGO Permian 15 Prospect well in the Texas' Permian Basin.
Plano, TX (PRWEB) April 12, 2008 - Following months of detailed land surveying and obtaining permits from the Railroad Commission and Texas water board, oil and gas exploration company TGO Permian, LLC has commenced drilling of the TGO Permian 15 Prospect well.
"Based on geological surveys, we expect the well to produce 1.5 million barrels of oil," says Jeremy Soder, broker at Texas Securities Partners, LLC. TGO Permian, LLC's registered placement agent is Texas Securities Partners, LLC.
A barrel of oil contains 42 gallons and yields approximately 19 to 20 gallons of gasoline depending on the refinery. American's consume approximately 20 million barrels of oil per day according to the Department of Energy.
"Every barrel of oil we extract from U.S. soil leads to greater independence from foreign oil. Texas' Permian Basin is rich with oil and is our area of focus for the next several years," says Tony Morrison, Chief Operating Manager of TGO Permian, LLC.
Additional information about the TGO Permian 15 Prospect can be found on the TGO Permian, LLC website (http://www.tgopermian.com) or by contacting Tony Morrison at 866.496.7950. The Funding for the TGO Permian 15 Prospect was closed in March of 2008.
About Texas Securities Partners, LLC: Texas Securities Partners, LLC (http://www.txspi.com/) is a FINRA registered broker/dealer solely dedicated to the oil and gas industry. The Financial Industry Regulatory Authority (FINRA) is a self-regulatory organization of the securities industry. Neither FINRA nor any other securities regulatory organization endorses, indemnifies, or guarantees any member's business practices, selling methods, class or type of security offered, or any specific security.
About TGO Permian, LLC
TGO Permian, LLC (oil and gas in Texas. TGO Permian, LLC combines decades of successful experience of its management team with the latest technology and best available research to generate technically sound and potentially extremely profitable prospects in the oil and gas market.
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