Waco Oil and Gas Co., Inc.
From its modest beginnings in Glenville, West Virginia over thirty years ago, Waco Oil and Gas Company has achieved a success story which has culminated in the successful, fully-integrated oil and gas company it is today.
As a full-service company, Waco acquires leases for oil and gas puposes, provides the services necessary for the development of the properties, and manages and operates the producing well. In addition to using existing lease acreage, the company's land department coninually acquires and prepares oil and gas properties for future development.
Waco also assumes responsibility for the administration of the investor wells. An experienced team of land men, geologists, petroleum engineers, accountants, and clerical staff provide these administrative functions.
Pride and performance contribute to the esteem Waco has earned throughout the industry. Waco's reputation and integrity as a responsible oil and gas producer are widely recognized by industry leaders and participating investors.
Through difficult periods for the oil and gas industry, Waco has not only survived but prospered. Streamlining, farsightedness, timely acquisistions and economic understanding among Waco's staff have aided the company's growth.
In 1995 Waco Holding Company acquired Trio Petroleum Corporation. With the acquisition of Trio, Waco Holding Company added many existing oil and gas wells and a substantial amount of mineral interest holdings to its assets.
Although Waco Oil and Gas still manages investor wells and retains many of its assets, Trio Petroleum Corporation has taken over many of the responsibilities of the exploration and production side of the business. Combining the diverse talents of the Waco staff with the experienced staff of Trio Petroleum, Waco Holding company continues the production and exploration for oil and gas in the appalachian basin. The added mineral holdings and other assets have propelled the company into the future prepared for continued growth.