| | Company Research: Resaca Exploitation Inc | Resaca is an independent oil and gas development and production company based in Houston, Texas. Resaca's activities are currently focused on the exploitation of its portfolio of long-life properties, which have high levels of original oil in place, utilising a variety of primary, secondary and tertiary recovery techniques. These properties are located in the Permian Basin of West Texas and Southeast New Mexico.
Through its relationship with Torch Energy Advisors Incorporated, a privately owned, Houston-based company, Resaca has access to an experienced team with a long and successful history of owning and operating oil and gas projects, having been responsible for the investment and management of over US$3 billion in the energy industry. | | Technical Information | Registered Address | Charts | | Ticker Symbol | LSE.RSOX | | ISIN Code | USU760851068 | | Industry Sector | Oil and Gas | | Listing Exchange | AIM | | Trading Status | Trading | | Amount raised | £38,800,000 | | Raising method | Placing | | Float Price | £1.30 | | First Trading Day | 17th July 2008 |
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