2023: Actively pursuing new opportunities.
Rasberry Unit Field (Sold to Falcon Caddo Venture LLC, April, 2023).
Located in Foard County, Texas, 10 miles west of Crowell. Discovered June 1955 (RBU-901). Initial well development finished 1963 (75 wells). Unitization and peripheral water flood in 1971 (East side). Water flood expanded to west side in 1974. In 1980, (3) 20 acre infill wells permitted, never drilled. Phoenix Petrocorp Inc. operating 2000-2021, Pinon-Energy LLC operated 2021-2023.
