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Texas Royalty Corp was incorporated in Tyler, Texas in June, 1986. Tom R. Schoonover, one of the founding stockholders, purchased 100% control of the corporation in May 1987 and continues today as sole owner. The Company moved to our present home in Austin, Texas in 1995, purchasing our new corporate headquarters in Austin’s Westlake area in 2004.
Texas Royalty is active throughout the State of Texas, drilling both vertical and horizontal wellbores, capitalizing on new trends and technology in the industry. We partner in 2-D and 3-D seismic shoots that generate high grade drilling opportunities. Our energy and expertise allow us to move forward with leading edge technologies that build on our tradition of success. The Company remains nimble and is poised to capitalize on opportunities throughout the oil patch.
At Texas Royalty, we look to outside investors to help fund some of our drilling prospects, and we encourage you to inquire about participation. We also invest in outside-operated oil and gas ventures, and always welcome the opportunity to be a part of your next Oil & Gas venture.
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