West Texas Resources, Inc. Announces DTC Eligibility
22 February 2013 - 1:00AM
Marketwired
West Texas Resources, Inc. (OTCQB: WTXR), a
Texas-based independent oil and gas company, today announces that
the company has been granted eligibility status by the Depository
Trust Corporation (DTC) as of January 29th, 2013.
DTC eligibility allows ownership of the company's shares to be
transferred electronically by the DTC. The Depository Trust Company
is a member of the U.S. Federal Reserve System and a registered
clearing agency with the Securities and Exchange Commission (SEC).
The DTC provides a safe and efficient way for buyers and sellers of
securities to execute and settle transactions.
"We are very excited to have received DTC eligibility. This is a
key milestone for the company and a major step for West Texas
Resources' shareholders," commented Stephen Jones, CEO of West
Texas Resources.
About West Texas Resources, Inc. West
Texas Resources is a Texas-based independent oil and gas company
engaged in secondary enhanced oil recovery projects, production of
crude oil, natural gas liquids and natural gas in the onshore
United States. The company has a 31.25 percent working interest on
two tracts totaling 120 acres in Eastland County, Texas. West Texas
Resources, Inc.'s common shares trade on the Over the Counter
(OTCQB) market under the ticker symbol "WTXR."
Forward-Looking Statements: This press
release contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and
the Securities Exchange Act of 1934, as amended by the Private
Securities Litigation Reform Act of 1995. Those statements include
statements regarding the intent, belief or current expectations of
West Texas Resources, Inc. and members of its management as well as
the assumptions on which such statements are based. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. The Company
undertakes no obligation to update or revise forward-looking
statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results.
Contact: Stephen Jones CEO West Texas Resources, Inc. 972
712-1039 ph
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