Foundation Oil Co Inc

Adams Resources & Energy is engaged in the business of marketing crude oil, natural gas and petroleum products; tank truck transportation of liquid chemicals; and oil and gas exploration and production. The company s Adams Resources Exploration subsidiary is actively engaged in the exploration and development of domestic oil and gas properties primarily along the Gulf Coast of Texas and Louisiana. The company s GulfMark Energy subsidiary purchases crude oil and arranges sales and deliveries to refiners and other customers. Crude oil is acquired from independent producers primarily in Texas, Louisiana and Michigan. GulfMark purchases approximately 90,000 barrels per day at the wellhead. The company s Adams Resources Marketing subsidiary is a wholesale purchaser, distributor and marketer of natural gas. It focuses on the purchase of natural gas at the producer level. The company distributes approximately 400 million cubic feet of natural gas per day to customers located in market regions from the Gulf Coast through the Northeast. The company had more than $2 billion in revenue in 2005.

GulfMark Energy is a subsidiary of Adams Resources & Energy. It purchases crude oil and arranges sales and deliveries for refiners and other customers. The company acquires crude oil from independent producers in Texas, Louisiana and Michigan. It purchases more than 65,000 barrels of oil every day. It operates more than 70 tractor-trailer units and maintains over 50 pipeline inventory locations and injection points in the United States. In addition, the company barges oil from several oil storage facilities along the intercoastal waterway of Texas and Louisiana. It maintains more than 200,000 barrels of storage capacity at its dock facilities for access to waterborne markets worldwide. The company is located in Houston.

Texakota Oil Co is a Houston-based company specializing in the exploration, production, and distribution of oil and gas resources. With a focus on efficiency and sustainability, Texakota Oil Co is committed to meeting the energy needs of today while planning for the future. Generated from their business information