Oil & Energy - Houston, Texas, United States
Founded in 2015, Texven is independent Oil and Gas Company focused on increasing production and adding oil reserves to its lease portfolio. State of the art technologies in enhanced oil recovery (EOR) are applied to our projects to maximize the internal rate of return (IRR) to both investors and company shareholders. Shareholders – Private equity firm.Management Team – More than 75 years combined experience directly related to the Energy business including Oil and Gas operations, reservoir characterization and development, business management and strategy, financials, and accounting. 8 oil lease assignments with a total 484.9 acres throughout Texas.18 existing wells – 5 wells operating under joint venture agreements with strategic investors.
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