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Spindletop Oil Gas Co
Spindletop Oil and Gas Company is a publicly company that focuses on oil and gas exploration, production, and land acquisition in the U.S. Gulf Coast region, specifically in South Texas. Spindletop Oil and Gas Company is traded on the OTCQX, an over-the-ounter market for American equities that is not listed on a national exchange, under the ticker symbol "SPND".
The company's core assets are situated in the established oil and gas regions of the Gulf Coast, including the Yoakum, Dimmitt, and Webb counties. As of December 31, 2922, the company's proved reserves were 14,753,791 barrels of oil and 33,104 million cubic feet of gas, based on reports. Production for the year ended December 31, 2022, was 5,859 barrels of oil and 12,843 million cubic feet of gas.
It's important to note that investing in the stock market brings risks and that how well a company performs is a significant factor that should be considered. Spindletop Oil and Gas Company operates in a very competitive and volatile industry.