85-90% of all domestic oil production comes from companies with less than 12 employees.
The oil industry is not the Big Three. It is thousands of companies like Panex that made America the number one producer of oil in the world!
85-90% of all domestic oil comes from previously drilled fields.
Oil touches everything!
Every Oil Producer out there has chased the elusive big well at some point or another in their career. We are not chasing the elusive big well. We own millions of barrels of oil reserves in proven productive oil fields.
We are not drilling and drilling again to find oil reserves, we have already found them. We are now bringing those reserves to the marketplace.
From the moment the drillbit hits the ground until the oil is loaded on a tanker, we control the process. Panex is responsible for carrying out drilling and completion activities on all our wells.
Burrite Acquisitions is owned by Panex. It is currently buying productive oil fields in Texas and Louisiana. We estimate current acquired oil reserves at approximately 15 to 20 Million Barrels.
Accredited Investors Only*
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*Are you an Accredited Investor?
Earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, OR has a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence), OR holds in good standing a Series 7, 65, or 82 license. Visit investor.gov for more details.
This is not an offer to sell. An offer to sell or invest in a Security must be accompanied by an offering Memorandum, with *Verification of Accreditation through
third party
under Reg D 506(c).
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