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Mexco Energy Corporation (MXC) [hlAlert]

Mexco Energy Corporation (Mexco) is an oil and gas company engaged in the acquisition, exploration and development of oil and gas properties located in the United States. The Company focuses primarily on acquiring natural gas reserves. As of March 31, 2009, gas
reserves constituted approximately 88% of Mexco?s total proved reserves and approximately 71% of its revenues during the fiscal year ended March 31, 2009 (fiscal 2009). Revenues from oil and gas royalty interests accounted for approximately 42% of its revenues for fiscal 2009. Newark East (Barnett Shale) Gas Field properties, encompassing 5,874 gross acres, 70 net acres, 108 gross producing wells and .76 net wells in Denton, Johnson, Tarrant and Wise Counties, Texas, account for approximately 22% of the Company?s proved reserves as of March 31, 2009.
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( Total: 1 Current Stock Recommendations )
Mexco Energy Corporation   (1)
Buy 100%
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* As of 8/27/2015 12:00 AM
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