Texas American Resources Company (“TARC”) is a privately held, independent energy company headquartered in Austin, Texas. Originally founded in 1990, TARC has historically been an acquisition and exploitation company with operations in Texas, Colorado and Wyoming. Over the years the Company has been very successful in acquiring assets within older fields and creating value through lease operating efficiencies and developing new drilling opportunities. These efforts have led to strong returns on asset monetizations with ROIs in excess of 3:1.
In recent years the Company has shifted from an acquisition-oriented strategy to a more drill-bit focused strategy that is directed by intensive front-end geological and geophysical (“G & G”) effort as a foundation for new opportunities.