TXO Partners announces 3 Tcfe natural gas potential in Mancos Shale

TXO Partners, L.P.

Identified 58,500 contiguous acres held by production in Mancos Shale; total potential of ~3 Tcfe of natural gas.
Phase I block of 3,520 acres estimated to hold 200–300 Bcf, with ~25 Bcfe per well and potential to double current natural gas reserves.
Management believes the Mancos resource could represent up to five times current total reserves on an oil-equivalent basis.
Development will be paced by commodity price; no leasehold expiration dates allow flexible timing.

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