TBX Resources, Inc.
TBX Resources, Inc. is an independent energy company engaged in the acquisition, production and development of proven domestic reserves. TBX Resources was formed in November of 1994 by its founder, Tim Burroughs. In 2006 TBX Resources, Inc. had proved reserves of 14,953 barrels of oil and 61.6 million cu. ft. of natural gas. Approximately 70% of TBX Resources, Inc. proved reserves are in the form of oil. TBX Resources owns or has interests in 23 oil wells in East Texas, two in Wise County, Texas, and four in the Anadarko Basin. Founder Tim Burroughs, the TB in TBX Resources, owns 9.4% of TBX Resources outright, and a further 13.1% through his family trust. TBX Resources also owns interest in 2 producing oil wells in Wise County; 1 producing gas well in Parker County; and 5 producing gas wells in Denton County, Texas, as well as a minor interest in 3 wells in Ellis County, Oklahoma. TBX Resources, Inc. was founded in 1995 and is based in Dallas, Texas.
Contact Details
Executives
VP Operations
Dick O'Donnell
CEO and CFO
Tim Burroughs