Ameratex-energy-reviews-go-website-

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AmeraTex Energy - U.S. oil and gas producers, including some in Tulsa, are spending billions to develop historic levels of new reserves despite a downturn in profits due to lower natural gas prices, according to a study released Tuesday by national accounting firm Ernst & Young's oil and gas division. [http://petersoilwell.wordpress.com/tag/ameratex-energy-reviews/ click here]
The study showed how dozens of upstream energy companies handled capital expenditures and developed proved reserves. Among those included in the study were Tulsa-based WPX Energy Inc. and Laredo Petroleum Holdings Inc. [http://petersoilwell.wordpress.com/tag/ameratex-energy-reviews/ visit us] , as well as those that have a strong Tulsa presence, such as Apache Corp. and QEP Resources. [http://petersoilwell.wordpress.com/tag/ameratex-energy-reviews/ website]
All those companies are working hard to offset the impact of low natural gas prices by increasing the oil mix in their drilling efforts.
[http://petersoilwell.wordpress.com/tag/ameratex-energy-reviews/ web url] "We have grown reserves by investing in oil projects, primarily the Permian Basin" of west Texas, Laredo Chief Financial Officer Rick Buterbaugh said. [http://petersoilwell.wordpress.com/tag/ameratex-energy-reviews/ check it out] The Permian is where Laredo has taken its "expertise into proven areas for oil development and applied new techniques that enable us to efficiently extract oil from the shales."

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