HOUSTON, Sept. 29, 2015 /PRNewswire/ -- Comancheria Energy Resources, LLC is pleased to announce it has acquired Leor Resources, LLC and the subsidiary companies of Leor, effective September 15, 2015. All properties owned by Leor are situated in East Texas. The specific terms of the transaction are confidential.
According to Kenton Holliday, President and CEO of Comancheria, "We plan to exploit the vast resource potential we perceive to be held within the Leor assets. This acquisition affords us an excellent, balanced portfolio. The Leor oil and gas properties have value with respect to a balance of different play types, a balance of product types, and balance regarding a range of target depths."
Comancheria Energy Resources, LLC is a Houston-based organization committed to building value in the oil and gas arena via selective acquisitions, surgical divestitures, and risk-mitigated exploitation and exploration endeavors. Comancheria's primary focus is on East Texas opportunities. The founding members of Comancheria are comprised of the former upper management team of Leor.
For inquiries please contact Andy Taurins at [email protected].
SOURCE Comancheria Energy Resources, LLC