Texas American Resources Company, (“TARC”), is a privately held, independent energy company headquartered in Austin, Texas. The company was founded in 1990 by President and CEO, David E. Honeycutt. Historically, TARC has engaged in acquisitions and exploitation strategies while operating in Texas, Colorado and Wyoming.
Currently, the company is solely operating in South Texas and in the Texas Panhandle. TARC is very successful in acquiring assets within older fields, creating value through lease operating efficiencies and developing new drilling opportunities. Texas American Resources is an oil-focused company, exclusively utilizing the horizontal well strategy. TARC’s approach is a combined tactic of strategic acquisitions and growth through the drill-bit.