We are a highly regarded, bonded operator of oil and gas wells in both Texas and New Mexico. We take great care in operating our wells and are proud of the results we achieve. As a bonded operator, we have pledged to execute all operations in accordance with state laws and commision rules. This surety bond guarantees that we follow the strictest guidelines in regards to how we operate our oil and gas wells on a daily basis.
The 2019 acquisition of EGL Resources' assets served as the foundation for PBEX's consolidation efforts in the Delaware Basin. These strategically located assets have provided PBEX with an immense inventory that we are leveraging to facilitate consolidation of its target development prospects.