Wednesday, May 23, 2018


MXC Mexco Energy Corporation gains 66% May 23, 2018

Mexco Energy Corporation, an independent oil and gas company, engages in the acquisition, exploration, development, and production of natural gas, crude oil, condensate, and natural gas liquids in the United States. It owns interests in and operates 13 producing wells and 1 water injection well; and partial interests in an additional 6,461 producing wells located in the states of Texas, New Mexico, Oklahoma, Louisiana, Alabama, Mississippi, Arkansas, Wyoming, Kansas, Colorado, Montana, Virginia, and North Dakota. As of March 31, 2016, the company's total estimated proved reserves were approximately 2.051 million barrels of oil equivalent. It also had interests in 34.3 net oil and gas wells, and owned leasehold mineral and royalty interests in approximately 5,152 net acres. The company was formerly known as Miller Oil Company and changed its name to Mexco Energy Corporation in April 1980. Mexco Energy Corporation was founded in 1972 and is based in Midland, Texas.

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