- managementwho we are
- propertywhere we are
- objectivewhat we're doing
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Texhoma Energy, Inc. engages in the acquisition, exploration and production of crude oil and natural gas. The company’s primarily focus has been on south Louisiana and east Texas, including near-shore Gulf of Mexico. With the recent sale of its Louisiana properties, the company seeks to replenish its oil and gas holdings.
The company’s objective is to generate value by locating and acquiring opportunities with low risk and high potential for cash flow generation. Over time, expanding into high risk, higher reward, deals. Whether from existing production or exploration, each opportunity is carefully evaluated by the company’s team and selected based on a long-term approach to continued success.read more
President and CEO
Gilbert Steedley has over twenty years of business development, industry research, and corporate finance experience across a diverse range of industries, including, and at the forefront, the energy industry. He is the founder of INU, which provides small cap public/private companies with capital market intelligence. Mr. Steedley has a close link with Wall Street operations, having served as Senior Vice President of Business Development for Able Global Partners, a New York City based merchant bank; Director of Issuer Services and a Director of Equities Business Development with the American Stock Exchange (AMEX); and Senior Research Analyst of Issuer Services with NASDAQ. In his role at AMEX, Mr. Steedley worked with clients concerning listing requirements on the exchange.read more
Texhoma’s primary assets held were acquired year 2006 and included three leases located in Allen, Vermillion, and Calcasieu Parishes, Louisiana. The working interests ranged between 8.00% and 11.76% with a net revenue interest varying between 5.84% and 8.47%.
Texhoma is actively seeking to expand its portfolio of assets.read more
Texhoma’s objective is to grow through small-scale, and consistent, expansions, building off each, to achieve long-term sustainable success.
Securing low risk producing assets is a priority. Once cash flow is generated, the company plans to expand its program to included near production and exploration opportunities.read more