AUSTIN, Texas, Aug. 31, 2017 (GLOBE NEWSWIRE) — SmallCapVoice.com, Inc. (SCV) and West Texas Resources, Inc. (OTC:WTXR), a Texas-based independent oil and gas company, today announced that a new audio interview with the Company, is now available. The interview can be heard at https://smallcapvoice.com/blog/8-30-17-smallcapvoice-interview-with-west-texas-resources-inc-wtxr.
William A. Sawyer, the CEO of WTXR, called in to SmallCapVoice.com to go over the business model, strategies, management and advisory team, recent highlights and much more in this new interview. Recently the Company announced the execution of a letter of intent to acquire oil and gas properties from an independent oil and gas company in Bakersfield, California. The acquisition, mostly oil properties, is located in Kern County, California. WTXR will be paying approximately $4 million in cash and stock for what is estimated to be $50 million in proved reserved as determined by an accredited oil and gas engineering firm. These are producing properties.