Payson Petroleum, an independent oil and gas operator based in Bartonville, Texas, has announced its intention to increase drilling operations in Grayson County, Texas.
In five years the company has drilled 56 wells, alongside participatory ventures.
Grayson County has been chosen as the primary site for drilling, due to its favorable position across the Barnett Shale.
Operating since 2008, Payson Petroleum packages oil and gas using an expert technical team more commonly associated with considerably larger drilling operations.
With a technical team in possession of 40+ years of cumulative experience, as well as an executive team with 15+ years experience, Payson Petroleum is a relatively new player to the play.
Speaking directly to FSXInterlinked's Host, Michael Fugler, Matt Griffin, President of Payson Petroleum, commented: "We bring in a level of expertise that can only be found in larger oil and gas companies. Our technical team has a minimum of 40 years experience on it and our management team has a minimum of 15 years experience as well."
He spoke about the location in Grayson County, Texas, saying: "The reason we chose Grayson County is because it's one of the longest oil and gas counties in Texas.
Click here to view Payson Petroleum's full public profile and full video interview in Interlinked's IDeal Room.
About Payson Petroleum
Payson Petroleum, Inc. provides the best industry quality project for independent investors in the market. Independent investors rarely see these deals, and when they do, the deals are often so over-priced that it weakens an investor’s return on investment. Payson has decades of team experience in evaluating drilling opportunities coupled with the use of today’s cutting edge technology; offering the independent oil and gas investor an unmatched opportunity in the current marketplace.