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NYTEX Announces Acquisition of 5,325 Acres and Drilling Joint Venture in Texas Permian Basin

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NYTEX Announces Acquisition of 5,325 Acres and Drilling Joint Venture in Texas Permian Basin DALLAS--(BUSINESS WIRE)--NYTEX Energy Holdings, Inc. ("NYTEX", or the “Company”) (OTCQB: NYTE), a Dallas-based energy holding company operating through its subsidiary, NYTEX Petroleum, Inc. announced the acquisition of 5,325 leasehold acres in the Texas Permian Basin in a joint venture that includes Greeheyco, Inc. Under the terms of the joint venture agreement, NYTEX is the designated operator of the prospect acreage on which up to 33 wells can be drilled. Currently holding a 10% working intere Reported by Business Wire 8 hours ago.

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