LULING, TX--(Marketwire -01/20/12)- Apache Energy, LLC announces that it has been designated a Better Business Bureau Accredited Company and officially rated by Dunn and Bradstreet. The designations of these two credible sources will insure Apache's visibility and commitment to fair and transparent business practices.
Apache Energy, LLC is engaged in the oil and gas business, with operations located primarily in Texas. The Company's ultimate strategic focus is the development of oil and natural gas production and reserves. The Company believes that its oil and natural gas development strategy will provide growth to the Company in the future. Charles Burris, President, stated, "We have worked diligently to become a recognizable force in today's energy market. Apache was able to have a very successful 2011 and the first of 2012 as we have been able to acquire, sell and retain a portion of 36 wells. We have also entered into a joint venture on six additional wells in Milam County, Texas on our strategic acreage position with estimated reserves of 1,200,000 barrels of oil. While we have been extremely busy with the acquisition and sales of properties, it has caused us to expand by the formation of an affiliate Company, Apache Operating, to operate our ever-growing presence in Texas. We are very excited about 2012 with our industry partners and plans for our additional developments."
Apache Energy is a Texas based oil and natural gas exploration company. Apache and its experienced management team are well situated to take advantage of the many opportunities that are present in today's energy markets. Apache feels that with the stabilization higher than average oil prices it is positioned to profit in today's booming energy market.
Forward Looking Statement
This press release may contain "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are based on management's current expectations and are subject to a number of factors and uncertainties which could cause actual results to differ materially from those described herein. Although the Company believes that the expectations in such statements are reasonable, there can be no assurance that such expectations will prove to be correct.