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Article: MAYNARD OIL COMPANY COMPLETES ACQUISITION
- Article from:
- PR Newswire
- Article date:
- December 21, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS, Dec. 21 /PRNewswire/ -- Maynard Oil Company (Nasdaq: MOIL) today announced that it successfully completed an acquisition of producing oil and gas properties from an independent oil company. Maynard purchased an interest in approximately 250 producing wells located in Garza County, Texas. This acquisition is expected to add 775 net barrels to Maynard's daily production and will be financed through bank borrowings and the utilization of a portion of the company's ...
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