Phillips Energy Announces An Interest In New Areas Of Mineral Mining

Top Quote Phillips Energy has today announced that they are expanding their mineral mining operations even further. They are continuing to actively acquire rights for oil, minerals and gas royalties. They have a range of current holding areas but, as shown on, they now have a number of geographical locations in which they have a particular interest for expansion. End Quote
  • Abilene, TX (1888PressRelease) May 01, 2013 - Phillips Energy has announced that they want to expand their mining operations in the Bakken Shale. This shale is found under Montana and North Dakota and is the largest discovery of oil in the contiguous United States. They are also expanding into the Barnett Shale, which is the largest onshore Texas gas field. Their next area of interest is the Eagle Ford Shale. This is found on the border of Texas and Mexico and it is an emerging field with high potential. They also want to expand into the Permian Basin, also in Texas, which is a much older oil and gas basin that still has a lot of mining to do. Lastly, they are interested in the Marcellus Shale, in the Appalachian Basin, which stores natural gas.

    The announcement clearly demonstrates that continues to work hard to maintain on their reputation. They have been in operation for four generations now and during this time, they have emerged as being the best in their process of evaluation, which is highly methodical, and their financial resources. One of the reasons why Phillips Energy has so many financial resources is because they deal in fair ways. Because of this, anybody who has rights in any of the areas in which Phillips Energy is interested knows that they can close on the sale quickly and without any problems.

    Phillips Energy is already mining in a number of other fields, as well as in parts of the fields in which they have an interest for expansion. Currently, they are operating in the Barnett Shale, the Bakken Shale, the Fayetteville Shale, the Eagle Ford Shale, the Marcellus Shale, the Haynesville Shale and the Permian Basin.

    If you are interested in the dealings of Phillips Energy, or if you have rights in any of the areas of interest that you wish to sell, you can get more information by contacting Phillips Energy online or over the telephone on 1-888-607-0062. A representative from Phillips Energy will be more than happy to answer any questions you may have.

    Contact Info:

    Jeff Strong
    1107 Hwy 1431 #313
    Marble Falls, TX, 78609
    (512) 553-0500
    jeffwatts.phillipsenergy ( @ ) gmail dot com

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