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Texas American Resources Company Snapshot
What do the Lone Star State, The Centennial State, and the Equality State have in common? A: They all have oil and the attention of Texas American Resources Company (TARC). An oil and gas acquisition, exploration, and production company, TARC has assets in Texas, Wyoming, and Colorado, including more than 400 wells on 83,100 net acres of land. It has proved net reserves of about 29 million barrels of oil equivalent (MMBOE) and produces more than 3,100 barrels of oil equivalent (BOE) per day. TARC was founded in 1990 by president David Honeycutt, who is also the principal owner of the company.
